a) NPW using an interest rate of 15% b) NPW using an interest rate of 20%
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Q¹
Transcribed Image Text:For the investment represented by the following cash flow:
Year Cash
Flow
-975
1
375
2
345
3
315
4
285
255
Determine the
a) NPW using an interest rate of 15%
b) NPW using an interest rate of 20%
c) Percent rate of return using Excel
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