cash inflows of $16,500 in Year 1, $11,700 in Year 2, and $10,400 in Year 5 . What is the net present value?
cash inflows of $16,500 in Year 1, $11,700 in Year 2, and $10,400 in Year 5 . What is the net present value?
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Transcribed Image Text:A project has a required return of 12.6 %, an initial cash outflow of $43,000, and
cash inflows of $16, 500 in Year 1, $11,700 in Year 2, and $10,400 in Year 5 . What is
the net present value?
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