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  • 01-11-2016
  • Business
contestada

What is the net present value of a project with the following cash flows if the required rate of return is 9 percent?

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syed514
syed514 syed514
  • 03-11-2016
Year Cash Flow
0 -$46,400 
1 18,000 
2 33,530 
3 4,600

NPV = -$46,400 + $18,000 / (1 + 0.09) + $33,530 / (1 + 0.09)2 + $4,600 / (1 + 0.09)3 = 

-$1,574.41

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