Jackie Chang’s is considering a project with an initial cost of $231,400. the project will not produce any cash flows for the first 2 years. starting in year 3, the project will produce cash flows of $144,000 a year for 3 years. this project is risky, so the firm has assigned it a discount rate of 16.5%. what’s the projects net present value?
SEE THE IMAGE. ANY DOUBTS, FEEL FREE TO ASK. THUMBS UP PLEASE
Get Answers For Free
Most questions answered within 1 hours.