Question
What is the net present value (NPV) of a project that has an initial cash outflow of $17,809, at time 0, and the following cash
What is the net present value (NPV) of a project that has an initial cash outflow of $17,809, at time 0, and the following cash inflows? The required return is 15.0%. DO NOT USE DOLLAR SIGNS OR COMMAS IN YOUR ANSWER. ROUND ANSWER TO THE NEAREST DOLLAR.
Year Cash Flow
1 $7,523
2 $5,487
3 $7,861
4 $5,513
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Capital As Power
Authors: Jonathan Nitzan, Shimshon Bichler
1st Edition
0415496802, 978-0415496803
