Question
You are working as Chief Financial Officer for your friend's start-up business. She has asked you to evaluate a project that costs $204783. The cash
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You are working as Chief Financial Officer for your friend's start-up business. She has asked you to evaluate a project that costs $204783. The cash flows are in the table below. You estimate a required return of 14.91%. What is the NPV of the project?
Year Cash Flow 1 74992 9 82600 6 119335 8 153580 12 -11161 16 200076
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Financial Accounting For Decision Makers
Authors: Peter Atrill, Eddie McLaney
7th Edition
027378563X, 9780273785637
