Compute the NPV for Project M if the appropriate cost of capital is 7 percent. Note: Negative amount should be indicated by a minus sign. Do not round intermediate calculations and round your final a to 2 decimal places. Project M Time: 0 1 2 3 4 5 Cash flow: -$2,300 $610 $740 $780 $860 $360 NPV $ 681.60
Compute the NPV for Project M if the appropriate cost of capital is 7 percent. Note: Negative amount should be indicated by a minus sign. Do not round intermediate calculations and round your final a to 2 decimal places. Project M Time: 0 1 2 3 4 5 Cash flow: -$2,300 $610 $740 $780 $860 $360 NPV $ 681.60
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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