Question: S Bank is setting up a new branch. The initial cost of the project is 1197000 dollars. The branch will create additional free cash flows
S Bank is setting up a new branch. The initial cost of the project is 1197000 dollars. The branch will create additional free cash flows of 235000 dollars, 412300 dollars, 665000 dollars and 875000 dollars over the next four years. The company's cost of capital is 11.3 percent. What is the NPV of this project?
O a. 358933
O b. 990300
Oc. 399493
O d. 1596493
Step by Step Solution
There are 3 Steps involved in it
1 Expert Approved Answer
Step: 1 Unlock
Question Has Been Solved by an Expert!
Get step-by-step solutions from verified subject matter experts
Step: 2 Unlock
Step: 3 Unlock
