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Kobotan [32]
3 years ago
8

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

Business
1 answer:
inna [77]3 years ago
7 0
<span>Year Cash Flow
0 -$46,400 
1 18,000 
2 33,530 
3 4,600</span>

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

</span><span>-$1,574.41</span>

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