You are considering investing in a new project that requires an initial investment of $100,000. The project is expected to generate cash flows of $30,000 per year for the next 8 years. The required rate of return is 10%. What is the net present value (NPV) of this project? Should you invest in this project?

Answer rating: 100% (QA)

The detailed answer for the above question is provided below To calculate the NPV of ... View the full answer