Question: Using Net Present Value, should you invest in a project where the initial cash outflow is $25,000 and the cash inflow in the first year
Using Net Present Value, should you invest in a project where the initial cash outflow is $25,000 and the cash inflow in the first year is $1,900 and "grows" at a rate of 1.8 percent thereafter? Assume cost of capital is 9.8 percent. (Round answer to 0 decimal places, e.g. 5,125.)
What is the Net Present Value of the project?
Should you invest in it? Yes/No
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