Question: A firm is evaluating a project with an initial cost of $ 828,487 and annual cash inflows of $ 337,427 per year (first cash flow
A firm is evaluating a project with an initial cost of $ 828,487 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
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
