Question
What is the net present value of a replacement project whose cash flows are -$981,000; $499,000; $656,000; and $149,000 for years 0 through 3, respectively?
What is the net present value of a replacement project whose cash flows are -$981,000; $499,000; $656,000; and $149,000 for years 0 through 3, respectively? The firm has decided to assume that the appropriate cost of capital is 16.6% p.a. (round to the nearest dollar)
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Economics For Financial Markets
Authors: Brian Kettell
1st Edition
0750653841, 978-0750653848
