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What is the net present value (NPV) of a project that has the following cash flows? The required return is 12.0%. Year Cash Flow 0
What is the net present value (NPV) of a project that has the following cash flows? The required return is 12.0%.
Year | Cash Flow |
0 | $ (14,000) |
1 | $ 3,000 |
2 | $ 3,000 |
3 | $ 3,000 |
4 | $ 3,000 |
5 | $ 3,000 |
6 | $ 3,000 |
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