Consider a project with the cash flow as depicted in Table 1: The discount rate for this project is 5%. The net present value (NPV) is ________. TABLE 1 Year       Cash Flow 0.             -15,000 1.              7,000 2.             5,000 3.            4,000 4.           3,000

Essentials Of Investments
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Chapter1: Investments: Background And Issues
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  1. Consider a project with the cash flow as depicted in Table 1: The discount rate for this project is 5%. The net present value (NPV) is ________.

TABLE 1

Year       Cash Flow

0.             -15,000

1.              7,000

2.             5,000

3.            4,000

4.           3,000

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