You are evaluating a 4-year project, and its cash flows are -42000, 27000, 12000, 23000, 31000 for years 0 to 4, respectively. If the cost of capital for the project is 14.9 percent, what is the project's NPV? O $22,837 $23,187 $23,537 $23,757 $23,917 $24,247

You are evaluating a 4-year project, and its cash flows are -42000, 27000, 12000, 23000, 31000 for years 0 to 4, respectively. If the cost of capital for the project is 14.9 percent, what is the project's NPV? O $22,837 $23,187 $23,537 $23,757 $23,917 $24,247

Intermediate Financial Management (MindTap Course List)

13th Edition

ISBN:9781337395083

Author:Eugene F. Brigham, Phillip R. Daves

Publisher:Eugene F. Brigham, Phillip R. Daves

Chapter12: Capital Budgeting: Decision Criteria

Section: Chapter Questions

Problem 1P: A project has an initial cost of 40,000, expected net cash inflows of 9,000 per year for 7 years,...

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Question

You are evaluating a 4-year project, and its cash flows are -42000, 27000, 12000,
23000, 31000 for years 0 to 4, respectively. If the cost of capital for the project is
14.9 percent, what is the project's NPV?
$22,837
$23,187
$23,537
$23,757
$23,917
$24,247

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