Question
You have the following information on a project's cash flows. The cost of capital is 10.1% Year Cash flows 0 -$114,000 1 23,000 2 23,000
You have the following information on a project's cash flows. The cost of capital is 10.1%
| Year | Cash flows |
| 0 | -$114,000 |
| 1 | 23,000 |
| 2 | 23,000 |
| 3 | 33,000 |
| 4 | 32,000 |
| 5 | 54,000 |
The NPV of the project is $____. Round to two decimal places.
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Finance Applications and Theory
Authors: Marcia Cornett, Troy Adair
3rd edition
1259252221, 007786168X, 9781259252228, 978-0077861681
