A project will generate cash flows of $30,000 every year for three years. The net working capital required is $10,000, and there is an initial investment outlay of $40,000. If the required return is 20% on the project, calculate the NPV of the project. (Round your answer to two decimals.) Multiple choice question. $18,981.48 $28,981.48 $68,981.48 $13,194.44
A project will generate cash flows of $30,000 every year for three years. The net working capital required is $10,000, and there is an initial investment outlay of $40,000. If the required return is 20% on the project, calculate the NPV of the project. (Round your answer to two decimals.) Multiple choice question. $18,981.48 $28,981.48 $68,981.48 $13,194.44
Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
Section: Chapter Questions
Problem 1PS
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A project will generate cash flows of $30,000 every year for three years. The net working capital required is $10,000, and there is an initial investment outlay of $40,000. If the required return is 20% on the project, calculate the NPV of the project. (Round your answer to two decimals.)
Multiple choice question.
$18,981.48
$28,981.48
$68,981.48
$13,194.44
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