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What is the net present value of a project that has an initial cash outflow of $12,670, at time 0, and the following cash inflows?
What is the net present value of a project that has an initial cash outflow of $12,670, at time 0, and the following cash inflows? The required return is 11.5%. Year Cash Inflows 1 $4,375 2 3 $8,750 4 $%4,100 A) $1,250 B) $219 C) $768 D) $370 E) None of these is correct
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