Question: NEED EXCEL SOLUTION:IN EXCEL FORMULA PLEASE We previously used the net present value function to find the present value of unequal cash flows. Now, you
NEED EXCEL SOLUTION:IN EXCEL FORMULA PLEASE
We previously used the net present value function to find the present value of unequal cash flows. Now, you know exactly what net present value means: The present value of all outflows, plus the present value of all inflows. Unfortunately, as we will see, computer programmers don't understand net present value.
Suppose we have a project with the following cash flows and required return. What is the NPV of the project?
| t | Cash flow |
| 0 | $ (30,000) |
| 1 | 8,000 |
| 2 | 10,000 |
| 3 | 11,000 |
| 4 | 17,000 |
| 5 | 12,000 |
| Return: | 12% |
| NPV: |
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