Question: Find the net present value (NPV) for a proposed project costing $21,730. Assume that the appropriate cost of capital for projects of this risk level,
Find the net present value (NPV) for a proposed project costing $21,730. Assume that the appropriate cost of capital for projects of this risk level, at this company is 4.79%, and the estimated cash flows for the life of the project are as follows: Year & Year 1 Year 2 Year 3 Year 4 Year 5 Year 6 Year 7 $13,262 $10,406 $5,437 $2,176 $9.854 $12,991 $3,717 $8,324
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