A project produces a cash flow of $432 in year 1, $137 in year 2, and $797

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A project produces a cash flow of $432 in year 1, $137 in year 2, and $797 in year 3. If the cost of capital is 15%, what is the project’s PV? If the project requires an investment of $1,200, what is its NPV?

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Principles Of Corporate Finance

ISBN: 9781265074159

14th International Edition

Authors: Richard Brealey

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