Question
You are considering investing in a project that will generate cash flows of $10,000 per year for the next five years. The project has an
You are considering investing in a project that will generate cash flows of $10,000 per year for the next five years. The project has an initial cost of $40,000, and the required rate of return is 8%. What is the net present value of the project, and should you invest in it?
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Fundamentals of Corporate Finance
Authors: Richard Brealey, Stewart Myers, Alan Marcus, Devashis Mitra, Elizabeth Maynes, William Lim
6th Canadian edition
1259024962, 978-1259024962
