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What is the NPV of a project that costs $188,000 today and is expected to generate monthly cash inflows of $3,000 for the next 8 years? Cost of capital is 11%. Round to the nearest whole dollar.

What is the NPV of a project that costs $188,000 today and is expected to generate monthly cash inflows of $3,000 for the next 8 years? Cost of capital is 11%. Round to the nearest whole dollar.

Essentials Of Investments
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
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What is the NPV of a project that costs $188,000 today and is expected to generate monthly cash inflows of $3,000 for the next 8 years? Cost of capital is 11%. Round to the nearest whole dollar. A Moving to another question will save this response. Question 7 of 20
Transcribed Image Text:What is the NPV of a project that costs $188,000 today and is expected to generate monthly cash inflows of $3,000 for the next 8 years? Cost of capital is 11%. Round to the nearest whole dollar. A Moving to another question will save this response. Question 7 of 20
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