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A company is looking to invest in a very risky project. They have a required rate of return of 27% ...
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A company is looking to invest in a very risky project. They have a required rate of return of 27% ...
A company is looking to invest in a very risky project. They have a required rate of return of 27% compounded annually. The project has the following cash inflows: Year 1 $17500, Year 2 $15000, Year 3 $27500. It also has the following cash outflows: Immediately -$10 000, Year 1 -$15 000, Year 3 -$9500. What is the NPV?
A) $9718.06
B) $7918.06
C) $7819.06
D) $9918.06
E) -$9718.06
Textbook
Contemporary Business Mathematics with Canadian Applications
Edition:
11
th
Authors:
Hummelbrunner, Halliday, Hassanlou, Coombs
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