What is the net present value of the following project? The discount rate is 12%. The initial
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Question:
What is the net present value of the following project? The discount rate is 12%.
The initial investment is $16 and the project has a 5-year duration.
YEAR | CASH INFLOWS |
1 | 1,000 |
2 | 4,000 |
3 | 3,000 |
4 | 4,000 |
5 | 2,000 |
Related Book For
Financial Management Concepts and Applications
ISBN: 978-0132936644
1st edition
Authors: Stephen Foerster
Posted Date: