1. Compute the NPV for Project M if the appropriate cost of capital is 8 percent. (Negative...
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1. Compute the NPV for Project M if the appropriate cost of capital is 8 percent. (Negative amount should be indicated by a minus sign. Do not round intermediate calculations and round your final answer to 2 decimal places.)
Project M | ||||||
Time: | 0 | 1 | 2 | 3 | 4 | 5 |
Cash flow: | −$1,600 | $470 | $600 | $640 | $720 | $220 |
Should the project be accepted or rejected?
Related Book For
Finance Applications and Theory
ISBN: 978-0077861681
3rd edition
Authors: Marcia Cornett, Troy Adair
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