Essentials Of Investments
11th Edition
ISBN: 9781260013924
Author: Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher: Mcgraw-hill Education,
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Valuation Problem
Calculate NPV and IRR for the following investment.
Initial investment = $1,000,000 machine, the project term is 6 years,
ncf yr 1 = 387,160
ncf yr 2 = 459,460
ncf yr 3 = 465,322
ncf yr 4 = 481,725
ncf yr 5 = 506,617
ncf yr 6 = 269.200 and the discount rate is 12%.
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