Shannon Industries is considering a project which has the following cash flows: Year Cash Flow 0 ?
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Question:
Shannon Industries is considering a project which has the following cash flows:
Year Cash Flow
0 ?
1 $2,000
2 3,000
3 3,000
4 1,500
The project has a regular payback of 3.5 years. The firm's cost of capital is 15 percent. What is the project's net present value NPV?
A. $577.68
B. $765.91
C. $1,484.09
D. $1,010.91
E. ($1,912.26)
Related Book For
Fundamentals of Financial Management
ISBN: 978-0324597707
12th edition
Authors: Eugene F. Brigham, Joel F. Houston
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