Question: QUESTION 9 A project with an initial cash outlay (PVO) of $45,000 will return the following cash inflows over five years: year Cashflow 1 $15,000
QUESTION 9 A project with an initial cash outlay (PVO) of $45,000 will return the following cash inflows over five years: year Cashflow 1 $15,000 2 $16,000 3 $12,000 4 $9,000 5 $6,000 If the firm's cost of capital is 11%, determine the NPV of the project. -$237 -$98 $195 $2,908 none of the above
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