Question
You are offered the chance to participate in a project that produces the following cash flows: C 0 C 1 C 2 +$ 6,300 +$
You are offered the chance to participate in a project that produces the following cash flows:
| C0 | C1 | C2 |
|---|---|---|
| +$ 6,300 | +$ 4,650 | $ 13,600 |
The internal rate of return is 14.6%.
If the opportunity cost of capital is 12%, what is the net present value of the project?
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Principles Of Finance
Authors: Scott Besley, Eugene F. Brigham
3rd Edition
0324232624, 9780324232622
