The capital budgeting committee of Pegasus Corporation is contemplating a new investment. Given the project's characteristics, the
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Question:
The capital budgeting committee of Pegasus Corporation is contemplating a new investment. Given the project's characteristics, the cost of capital is estimated at 6.8%. Based on the following cash flow timeline, what is the NPV of the project?
Time Cash Flow
0 -400
1 -400
2 500
3 500
Related Book For
Income Tax Fundamentals 2013
ISBN: 9781285586618
31st Edition
Authors: Gerald E. Whittenburg, Martha Altus Buller, Steven L Gill
Posted Date: