You invest $1,000 in a project today. The project will generate a one-time cash flow of $2,580

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You invest $1,000 in a project today. The project will generate a one-time cash flow of $2,580 five years from now. If the interest rate is 3%, what is the Net Present Value of the project? (Round to 2 decimal places)

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Personal Finance

ISBN: 978-0134724713

4th Canadian edition

Authors: Jeff Madura, Hardeep Singh Gill

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Posted Date: May 09, 2024 07:19 AM

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You invest $1,000 in a project today. The project will generate a one-time cash flow of $2,580

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To calculate the Net Present Value NPV of a project we need to discount the future cash flow to its ... View the full answer

Personal Finance

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