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Year 0:CF = -165,000 Year 1:CF = 63,120; NI = 13,620 Year 2:CF = 70,800; NI = 3,300 Year 3:CF = 91,080; NI = 29,100
Year 0:CF = -165,000
Year 1:CF = 63,120; NI = 13,620
Year 2:CF = 70,800; NI = 3,300
Year 3:CF = 91,080; NI = 29,100
Average Book Value = 72,000
Your required return for assets of this risk is 12%.
Calculate NPV
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