An investment project provides cash inflows of $ 608 per year for 5 years. What is the NPV of the project if the initial cost is $ 1,028 , assuming a 11.1 percent required rate of return?
An investment project provides cash inflows of $ 608 per year for 5 years. What is the NPV of the project if the initial cost is $ 1,028 , assuming a 11.1 percent required rate of return?
Chapter5: The Time Value Of Money
Section: Chapter Questions
Problem 28P
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An investment project provides cash inflows of $ 608 per year for 5 years. What is the NPV of the project if the initial cost is $ 1,028 , assuming a 11.1 percent required rate of return ?
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