FINANCIAL ACCOUNTING
FINANCIAL ACCOUNTING
10th Edition
ISBN: 9781259964947
Author: Libby
Publisher: MCG
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Solar Winds Inc. has a solar plant project that has an initial investment of $500,000, the estimated life of
the project is 10 years. Market expected rate of return is 9%.
Year Annual Profits
30,000
30,000
50,000
1
2
3
4
LO
5
6
7
8
50,000
50,000
75,000
75,000
80,000
60,000
50,000
9
10
What is the NPV of this project?
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Transcribed Image Text:Solar Winds Inc. has a solar plant project that has an initial investment of $500,000, the estimated life of the project is 10 years. Market expected rate of return is 9%. Year Annual Profits 30,000 30,000 50,000 1 2 3 4 LO 5 6 7 8 50,000 50,000 75,000 75,000 80,000 60,000 50,000 9 10 What is the NPV of this project?
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