Thomas Green is using net present value (NPV) when evaluating investment opportunities. His required rate of return is 9.17 percent.  The investment will produce the same after-tax cash inflows of $428,950 per year at the end of the year for 9 years. What is the NPV of a investment opportunity if the initial cost is $1,361,926?

Answer rating: 100% (QA)

To calculate the NPV of the investment opportunity we can use the formula NPV Initia... View the full answer