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You are considering a new business opportunity. There is an initial cost of $63,000, but then the project will yield the following revenues over the
You are considering a new business opportunity. There is an initial cost of $63,000, but then the project will yield the following revenues over the next five years:
Year | Cash Flow |
---|---|
1 | $17,600 |
2 | $36,200 |
3 | $27,200 |
4 | $54,300 |
5 | $49,000 |
If you face a discount rate of 6, what is the NPV of this project?
NPV = $
don't round steps
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