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Question 11 8 pts A project has an initial cash outflow of $40,500 and produces cash inflows of $16,450, $17,800, and $16,428 for Years 1 through 3, respectively. What is the NPV at a discount rate of 11 percent? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.)

Question 11 8 pts A project has an initial cash outflow of $40,500 and produces cash inflows of $16,450, $17,800, and $16,428 for Years 1 through 3, respectively. What is the NPV at a discount rate of 11 percent? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.)

Managerial Accounting
Managerial Accounting
15th Edition
ISBN:9781337912020
Author:Carl Warren, Ph.d. Cma William B. Tayler
Publisher:Carl Warren, Ph.d. Cma William B. Tayler
Chapter12: Capital Investment Analysis
Section: Chapter Questions
Problem 2BE
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A project has an initial cash outflow of $40,500 and produces cash inflows of $16,450, $17,800, and $16,428 for Years 1 through 3, respectively. What is the NPV at a discount rate of 11 percent? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.)

Question 11 8 pts A project has an initial cash outflow of $40,500 and produces cash inflows of $16,450, $17,800, and $16,428 for Years 1 through 3, respectively. What is the NPV at a discount rate of 11 percent? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.)
Transcribed Image Text:Question 11 8 pts A project has an initial cash outflow of $40,500 and produces cash inflows of $16,450, $17,800, and $16,428 for Years 1 through 3, respectively. What is the NPV at a discount rate of 11 percent? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.)
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