The following details are provided by Ferrous Foundry Company:
Initial investment
$5,000,000
Discount rate
15%
Yearly cash inflows
1
$1,256,000
2
$1,360,000
3
$2,402,000
4
$1,158,000
PV of $1:
13%
14%
0.885
0.877
0.87
0.783
0.769
0.756
0.693
0.675
0.658
0.613
0.592
0.572
What is the NPV of the project?
A.
($594,486)
B.
$590,000
C.
$618,409
D.
($636,228)
Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!
(Save $1 )
One time Pay
(Save $5 )
Billed Monthly
*First month only
You can see the logs in the Dashboard.
