Question: Silver Sun Aviation is evaluating a project that would cost 5,630 dollars today. The project is expected to produce annual cash flows of 443.08 dollars
Silver Sun Aviation is evaluating a project that would cost 5,630 dollars today. The project is expected to produce annual cash flows of 443.08 dollars forever with the first annual cash flow expected in 1 year. The cost of capital associated with the project is 6.77 percent and the projects internal rate of return is 7.87 percent. What is the net present value (NPV) of the project?
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