Question
You are analysing a capital investment project. You forecast the following cash-flows: year 0 1 2 3 4 5 cash flow +10 +20 -5 -10
You are analysing a capital investment project. You forecast the following cash-flows:
| year | 0 | 1 | 2 | 3 | 4 | 5 |
|---|---|---|---|---|---|---|
| cash flow | +10 | +20 | -5 | -10 | 0 |
What is the maximum investment you are willing to make into this project today if your required return is 15% per year (e.g. cost of capital)
(Show positive number as an answer. Please round your answer to the nearest full number. For example if your answer for investment is 21.26, show 21 as an answer, for 21.51 the answer should be 22)
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International Finance Exchange Rates And Financial Flows In The International Financial System
Authors: Heather D. Gibson
1st Edition
0582218128, 978-0582218123
