Question: A company is considering a 9-year project that would require a $400,000 Intial cash outflow at the beginning of the project. The project is expected

 A company is considering a 9-year project that would require a

A company is considering a 9-year project that would require a $400,000 Intial cash outflow at the beginning of the project. The project is expected to generate cath inflows in the amount of $90,000 at the end of each of the 9 years. If the company requires a 3. return on investment, what is the NPV for the project? Do not round intermediate calculations. Round the final answer to 2 decimal places. Omit any comma and the sign in your response. For example, an answer of $1,000.50 should be entered as 1000.50

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Finance Questions!