A proposed project has an initial cost of $77,500 and is expected to produce cash inflows of $24,200, $47,300, and $39,000 over the next 3 years, respectively. What is the net present value of this project at a discount rate of 14.2 percent? Multiple Choice $6,145.16 $7.421.45 $4,251.46 Next>

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
Section: Chapter Questions
Problem 1.1DQ
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Gm
A proposed project has an initial cost of $77,500 and is expected to produce cash
inflows of $24,200, $47,300, and $39,000 over the next 3 years, respectively. What is
the net present value of this project at a discount rate of 14.2 percent?
Multiple Choice
$6,145.16
$7.421.45
$4,251.46
Next>
Transcribed Image Text:A proposed project has an initial cost of $77,500 and is expected to produce cash inflows of $24,200, $47,300, and $39,000 over the next 3 years, respectively. What is the net present value of this project at a discount rate of 14.2 percent? Multiple Choice $6,145.16 $7.421.45 $4,251.46 Next>
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