A project will produce cash inflows of $2,800 a year for 4 years with a final cash inflow of $5,700 in year 5. The project's initial cost is $9,500. What is the net present value of this project if the required rate of return is 16 percent? a. $11,168.02 b. $4,650.11 c. $1,048.75 d. -$311.02
A project will produce cash inflows of $2,800 a year for 4 years with a final cash inflow of $5,700 in year 5. The project's initial cost is $9,500. What is the net present value of this project if the required rate of return is 16 percent? a. $11,168.02 b. $4,650.11 c. $1,048.75 d. -$311.02
Chapter11: Capital Budgeting And Risk
Section: Chapter Questions
Problem 14P
Related questions
Question
A project will produce cash inflows of $2,800 a year for 4 years with a final
a.
$11,168.02
b.
$4,650.11
c.
$1,048.75
d.
-$311.02
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