Question: What is the projects NPV if it requires an initial cash outlay of $50,000 and pays $8,000 per year indefinitely? Assume the appropriate discount rate
What is the projects NPV if it requires an initial cash outlay of $50,000 and pays $8,000 per year indefinitely? Assume the appropriate discount rate is 15%. Ignore income taxes for this question.
a. $53,333
b. $3,333
c. $3,623
d. $1,480
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