Moates Corporation has provided the following data concerning an investment project that it is considering: Initial investment $ 270,000 Annual cash flow $ 125,000 per year Expected life of the project 4 years Discount rate 10 % The net present value of the project is closest to: (Round your intermediate calculations and final answer to the nearest whole dollar amount.)
Moates Corporation has provided the following data concerning an investment project that it is considering: Initial investment $ 270,000 Annual cash flow $ 125,000 per year Expected life of the project 4 years Discount rate 10 % The net present value of the project is closest to: (Round your intermediate calculations and final answer to the nearest whole dollar amount.)
Financial And Managerial Accounting
15th Edition
ISBN:9781337902663
Author:WARREN, Carl S.
Publisher:WARREN, Carl S.
Chapter26: Capital Investment Analysis
Section: Chapter Questions
Problem 17E
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Moates Corporation has provided the following data concerning an investment project that it is considering:
Initial investment | $ | 270,000 | |
Annual cash flow | $ | 125,000 | per year |
Expected life of the project | 4 | years | |
Discount rate | 10 | % | |
The
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