Royal Arts Company has invested 18000 as the initial investment into a new project. the following are the expected cash flows from the project. the appropriate discount rate is 5% what is the NPV of the project? Year 1 11000 Year 2 8000 Year 3 2000

Principles of Accounting Volume 2
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ISBN:9781947172609
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Chapter11: Capital Budgeting Decisions
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Problem 6PB: There are two projects under consideration by the Rainbow factory. Each of the projects will require...
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Royal Arts Company has invested 18000 as the initial investment into a new project. the following are the expected cash flows from the project. the appropriate discount rate is 5% what is the NPV of the project?

Year 1     11000
Year 2      8000
Year 3      2000 

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