Question: Please help me solving this in EXCEL. Thomas Green is using net present value (NPV) when evaluating investment opportunities. His required rate of return is
Please help me solving this in EXCEL.
Thomas Green is using net present value (NPV) when evaluating investment opportunities. His required rate of return is 5.51 percent. The investment will produce the same after-tax cash inflows of $435,571 per year at the end of the year for 8 years. What is the NPV of a investment opportunity if the initial cost is $2,360,373
Correct Answer: (397,676.98)
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