Question: A company is considering a 5-year project that would require an intial cash outflow in the amount of $2,000,000 at the beginning of project (i..
A company is considering a 5-year project that would require an intial cash outflow in the amount of $2,000,000 at the beginning of project (i.. tjThe project has expected cash inflows in the amount of $600,000 at the end of each of the 5 years. The company requires a 12% return on investment. What is the NPV for this project? Do not found intermediate calculations, Round the final answer to 2 decimal places. Omit any commas and the sign in your response. For example, an answer of $1000.50 should be entered as 1000.50
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
