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What is the NPV of the following set of cash flows if the required return is 9.14%? Maintain 4 decimal places in your intermediate calculations
What is the NPV of the following set of cash flows if the required return is 9.14%?
Maintain 4 decimal places in your intermediate calculations and final answer.
| Year | Cash Flow |
| 0 | -54,801 |
| 1 | 10,609 |
| 2 | 24,279 |
| 3 | 36,377 |
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Authors: David B. Audretsch, Maksim Belitski, Nada Rejeb, Rosa Caiazza
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