a new restaurant. The initial cost ( investment) is 750 000 TL. The forecasted cash flows that you expect to gain from this restaurant are 150 000 TL every year for 9 years. If the discount rate is %28, calculate the net present value (NPV), and is t

Principles of Accounting Volume 2
19th Edition
ISBN:9781947172609
Author:OpenStax
Publisher:OpenStax
Chapter11: Capital Budgeting Decisions
Section: Chapter Questions
Problem 3EA: If a copy center is considering the purchase of a new copy machine with an initial investment cost...
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You decide to open a new restaurant.  The initial cost ( investment) is  750 000 TL. The forecasted cash flows that you expect to gain from this restaurant are 150 000 TL every year for  9 years. If the discount rate is %28, calculate the net present value (NPV), and is this a feasible project?

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