Question
What is the net present value of a project that has an initial cash outflow of $-12,000, at time 0, and the following cash flows
What is the net present value of a project that has an initial cash outflow of $-12,000, at time 0, and the following cash flows for years 1-4? The required return is 10.0%.
ENTER YOUR ANSWER TO THE NEAREST DOLLAR (e.g. 1250).
Year Cash Flows
1 $3,750
2 $3,950
3 $5,300
4 $5,850
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Problems In Portfolio Theory And The Fundamentals Of Financial Decision Making
Authors: Leonard C Maclean, William T Ziemba
1st Edition
9814749931, 978-9814749930
