Question
You are considering the investment of $3,000 (today) in a lemonade stand. Also, you expect the stand to generate the following future cash flows: At
You are considering the investment of $3,000 (today) in a lemonade stand.
Also, you expect the stand to generate the following future cash flows:
- At the end of year 1: $4,000
- At the end of year 2: $5,000
- At the end of year 3: $8,000
- At the end of year 4: $2,000
What is the NPV (Net Present Value) of this project, if you require a 16% rate of return?
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Affordable Housing Finance
Authors: K. Hawtrey
2009th Edition
0230555187, 978-0230555181
