Question
What is the NPV of a project that costs $111,000 today and is expected to generate annual cash inflows of $12,000 for 11 years starting
What is the NPV of a project that costs $111,000 today and is expected to generate annual cash inflows of $12,000 for 11 years starting one year from today. Cost of capital is 11%. Round to the nearest dollar.
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Fundamentals Of Investments Valuation And Management
Authors: Bradford D Jordan, Thomas W. Miller Jr., Steven D. Dolvin
6th Edition
0073530719, 9780073530710
