Top Posters
Since Sunday
g
3
3
2
J
2
p
2
m
2
h
2
s
2
r
2
d
2
l
2
a
2
Home Q & A Board Other Fields Homework Help Business Finance
New Topic  
borteleto borteleto
wrote...
Go to Answer
Posts: 2477
Rep: 2 0
5 years ago
Raindrip Corp. can purchase a new machine for $1,875,000 that will provide an annual net cash flow of $650,000 per year for five years. The machine will be sold for $120,000 after taxes at the end of year five. What is the net present value of the machine if the required rate of return is 13.5%.
A) $558,378
B) $513,859
C) $473,498
D) $447,292
Textbook 
Foundations of Finance

Foundations of Finance


Edition: 9th
Authors:
Read 192 times
3 Replies
Replies
Answer verified by a subject expert
DeanaRayDeanaRay
wrote...
#1
Top Poster
Posts: 1112
Rep: 14 0
5 years ago
Sign in or Sign up in seconds to unlock everything for free
More solutions for this book are available here

Related Topics

borteleto Author
wrote...
#2
5 years ago
I'm still confused, but thanks for answering correctly
wrote...
#3
4 years ago
Thank you
New Topic      
Quick Reply
Explore
Post your homework questions and get free online help from our incredible volunteers
  856 People Browsing
 125 Signed Up Today
Start New Topic Take the Tour CoursesNew Study Tools Topics Trending Browse by Textbook
Live Chat
Related Images
  
 295
  
 298
  
 249
Your Opinion
Previous poll results: How often do you eat-out per week?