The Xdiagnose Corporation wants to set up a private cemetery business. According to the CFO, Barry M. Deep, business is “looking up.” As a result, the cemetery project will provide a net cash inflow of $128,035 for the firm during the first year, and the cash flows are projected to grow at a rate of 3.3 percent per year forever. The project requires an initial investment of $1.3 million. If Xdiagnose requires a 9.5 percent return on such undertakings, what is the NPV of the project?
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