Question
What is the net present value of a project with the following cash flows if the discount rate is 8 percent? Year CFs 0 -690
What is the net present value of a project with the following cash flows if the discount rate is 8 percent?
| Year | CFs |
| 0 | -690 |
| 1 | 1,133 |
| 2 | 543 |
| 3 | 428 |
Enter your answer rounded off to two decimal points. Do not enter $ or comma in the answer box. For example, if your answer is $12.345 then enter as 12.35 in the answer box.
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started
Focus On Personal Finance
Authors: Jack R. Kapoor, Les R. Dlabay Professor, Robert J. Hughes, Melissa Hart
5th Edition
0077861744, 978-0077861742
