Question: Attempt in Progress Using NPV, should you invest in a project where the initial cash outflow is $29,300 and the cash inflow in the first
Attempt in Progress Using NPV, should you invest in a project where the initial cash outflow is $29,300 and the cash inflow in the first year is $2,250 and "grows" at a rate of 2.5 percent thereafter? Assume cost of capital is 10.5 percent. (Enter negative amount using either a negative sign preceding the number e.g. -45 or parentheses e.g. (45). Round answer to 2 decimal places, e.g. 5,125.25.) NPV of the project Should you invest in the project? Save for Later $ Attempts: 0 of 3 used Submit
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