The Westerfield Corporation is considering a project with the following cash flows: Time 0: Purchase machinery for $6000 Time 1: Buy inventory $4200 Time 2: Sales (net of expenses) $8000 Time 3: Sales (net of expenses) $8000 Time 4: Clean up costs: $1600 Westerfield's discount rate is 7.5%. 

What is the NPV of the project?

Answer rating: 100% (QA)

To calculate the Net Present Value NPV of the project we need to discount each cash ... View the full answer