A firm is evaluating a project with an initial cost of $ 844,560 and annual cash inflows
Fantastic news! We've Found the answer you've been seeking!
Question:
A firm is evaluating a project with an initial cost of $ 844,560 and annual cash inflows of $ 337,427 per year (first cash flow to be received exactly one year from today) for each of the next 5 years. If the cost of capital for this project is 8 %, what is this project's NPV? Round to 2 decimal places.
Related Book For
Intermediate Financial Management
ISBN: 978-1285850030
12th edition
Authors: Eugene F. Brigham, Phillip R. Daves
Posted Date: