1. You are considering adding a new cruise ship to your company's fleet. The cost of th ship is $2,000,000. Your projected increased business and cash flows from having another ship are $300,000 in year 1, $500,000 in year 2, and $600,000 in year 3. The project requires an annual return of 10%.

 What is the Net Present Value of the project?

Answer rating: 100% (QA)

Answer Net present value is the value you will earned fro... View the full answer