Acompany is considering an investment of $538,000 in a land development project. The investment will yield cash inflows of $220.000 per year for five years. The company uses a discount rate of % What is the net present value of the investment) Present value of an ordinary annuity of $1 1 2 3 4 5 AN 9% 10% 0924 0917 090 1783 1.759 1.736 2577 2331 2487 324 3312 312 3993 300 3.791 No response c $337400 01117300 OSHIMO
Acompany is considering an investment of $538,000 in a land development project. The investment will yield cash inflows of $220.000 per year for five years. The company uses a discount rate of % What is the net present value of the investment) Present value of an ordinary annuity of $1 1 2 3 4 5 AN 9% 10% 0924 0917 090 1783 1.759 1.736 2577 2331 2487 324 3312 312 3993 300 3.791 No response c $337400 01117300 OSHIMO
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
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![Acompany is considering an investment of $5.38.000 in a land development project. The investment will yield cash inflows of $220.000 per year for five years. The company uses a discount
rate of What is the net present value of the investment?
Present value of an ordinary annuity of $1
1
2
3
4
5
AN
9% 10%
0926 0917 0.909
1783 1.759
1.736
2577 2331 2487
3312 1324 317
3993 3.09 3.791
0.35.210
O No one is
Ⓒ$337400
1117000
OSH1500](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F5a79f5fd-2bdd-484b-9c0d-a83d48b55247%2F9699e895-44a2-4983-a1f0-e2250251ca24%2Fh5j80np_processed.jpeg&w=3840&q=75)
Transcribed Image Text:Acompany is considering an investment of $5.38.000 in a land development project. The investment will yield cash inflows of $220.000 per year for five years. The company uses a discount
rate of What is the net present value of the investment?
Present value of an ordinary annuity of $1
1
2
3
4
5
AN
9% 10%
0926 0917 0.909
1783 1.759
1.736
2577 2331 2487
3312 1324 317
3993 3.09 3.791
0.35.210
O No one is
Ⓒ$337400
1117000
OSH1500
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