Project Z has an initial investment of $67,945.00. The project is expected to have cash inflows of $23,849.00 at the end of each year for the next 13.0 years. The corporation has a WACC of 9.96%. Calculate the NPV for project Z.

Project Z has an initial investment of $67,945.00. The project is expected to have cash inflows of $23,849.00 at the end of each year for the next 13.0 years. The corporation has a WACC of 9.96%. Calculate the NPV for project Z.

Intermediate Financial Management (MindTap Course List)

13th Edition

ISBN:9781337395083

Author:Eugene F. Brigham, Phillip R. Daves

Publisher:Eugene F. Brigham, Phillip R. Daves

Chapter12: Capital Budgeting: Decision Criteria

Section: Chapter Questions

Problem 1P: A project has an initial cost of 40,000, expected net cash inflows of 9,000 per year for 7 years,...

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Question

Project Z has an initial investment of $67,945.00. The
project is expected to have cash inflows of $23,849.00 at
the end of each year for the next 13.0 years. The
corporation has a WACC of 9.96%. Calculate the NPV for
project Z.

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