You are evaluating a project with the following cash flows: initial investment is $-23, and the...

    

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You are evaluating a project with the following cash flows: initial investment is $-23, and the expected cash flows for years 1-3 are $14, $13 and $16 (all cash flows are in millions of dollars). What is this projects NPV? The company's WACC is 9%. Express your answer in millions of dollars, rounded to 2 decimals and without the dollar sign. So, if your answer is 23.5678, just enter 23.57. You are evaluating a project with the following cash flows: initial investment is $-23, and the expected cash flows for years 1-3 are $14, $13 and $16 (all cash flows are in millions of dollars). What is this projects NPV? The company's WACC is 9%. Express your answer in millions of dollars, rounded to 2 decimals and without the dollar sign. So, if your answer is 23.5678, just enter 23.57.

Answer rating: 100% (QA)

Okay here are the steps Initial investment 23 million Cash flows ... View the full answer