A project costs $360,000 initially and will generate project cash flows of $50,000 every year for 8 years. The required return for the project is 9%. What is the NPV of the project (in $)? p+ decimals Submit

Principles Of Marketing
17th Edition
ISBN:9780134492513
Author:Kotler, Philip, Armstrong, Gary (gary M.)
Publisher:Kotler, Philip, Armstrong, Gary (gary M.)
Chapter1: Marketing: Creating Customer Value And Engagement
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A project costs $360,000 initially and will generate project cash flows of $50,000
every year for 8 years. The required return for the project is 9%.
What is the NPV of the project (in $)?
p+ decimals
Submit
Transcribed Image Text:A project costs $360,000 initially and will generate project cash flows of $50,000 every year for 8 years. The required return for the project is 9%. What is the NPV of the project (in $)? p+ decimals Submit
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