Question
You are considering a project, where the initial investment is $400,000. The first expected cash flow is going to be 20,000, after which the cash
You are considering a project, where the initial investment is $400,000. The first expected cash flow is going to be 20,000, after which the cash flows are expected to grow at a rate of 5%. The required rate of return on the project is 10%. What is the NPV of the project?
| A. 200,000 | ||
| B. 0 | ||
| C. 100,000 | ||
| D. 100,000 |
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Personal Finance
Authors: E Thomas Garman, Raymond E Forgue
10th Edition
143903902X, 9781439039021
