EBK CORPORATE FINANCE
EBK CORPORATE FINANCE
4th Edition
ISBN: 9780134202778
Author: DeMarzo
Publisher: PEARSON CUSTOM PUB.(CONSIGNMENT)
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Chapter 31, Problem 4P
Summary Introduction

To determine: The present value of the project and whether ET should undertake the project.

Introduction: The present value is an amount that an individual makes as an investment at present in order to generate the cash flow in the future. The present value of the cash flows can be computed by adding the cash flow of every stream.

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