60.1K
Verified Solution
Link Copied!
Carland Inc. has a project available with the following cash flows. If the required return for the project is 9.2%, what is the projects at NPV?
0 -$271,000
1 $81,900
2 $104,700
3 $124,300
4 $76,100
5 -$13,300
$40,774.68
$27,474.68
$49,330.90
$24,040.34
I am getting different answers from different places, so please double check work...
Answer 1: $10,287.19? https://www.chegg.com/homework-help/questions-and-answers/carland-inc-project-available-following-cash-flows-required-return-project-92-percent-proj-q59025367
Answer 2: $32,209.46? https://www.chegg.com/homework-help/questions-and-answers/please-explain-carland-inc-project-available-following-cash-flows-required-return-project--q47938444
Which is actually right..? Neither...?
Answer & Explanation
Solved by verified expert