Question
You have the following information on a project's cash flows. The cost of capital is 8.6% Year Cash flows 0 -$104,000 1 23,000 2 23,000
You have the following information on a project's cash flows. The cost of capital is 8.6%
| Year | Cash flows |
| 0 | -$104,000 |
| 1 | 23,000 |
| 2 | 23,000 |
| 3 | 29,000 |
| 4 | 32,000 |
| 5 | 63,000 |
The NPV of the project is $____. Round to two decimal places.
Your Answer:
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Investment Analysis And Portfolio Management
Authors: Frank K. Reilly, Keith C. Brown
7th Edition
0324171730, 978-0324171730
