A firm is considering a project that has the following cash flows: Year 0 1 2 3
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Question:
A firm is considering a project that has the following cash flows:
Year | 0 | 1 | 2 | 3 |
Cash Flow | -$1,000 | $500 | $500 | $500 |
If the firm's discount rate is 9%, what is the projects net present value (NPV)?
Related Book For
Intermediate Financial Management
ISBN: 978-1111530266
11th edition
Authors: Eugene F. Brigham, Phillip R. Daves
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