Question
You are considering the investment project summarized by the cash flows and timeline below.If the discount rate is 4%, what is the net present value
You are considering the investment project summarized by the cash flows and timeline below.If the discount rate is 4%, what is the net present value of this project?Would you accept or reject the project?
Year 0: cash outflow (cost) of $3,000
Year 1: cash inflow of $1,000
Year 2: cash inflow of $1,050
Year 3: cash inflow of $1,100
Year 4: cash inflow of $900
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Fundamentals Of Financial Management
Authors: James Van Horne, John Wachowicz
13th Revised Edition
978-0273713630, 273713639
