tultul_gis
New member
- Joined
- Feb 11, 2011
- Messages
- 20
A project will produce an operating cash flow of $10,100 a year for five years. The initial cash investment in the project will be $32,500. The net after-tax salvage value is estimated at $6,000 and will be received during the last year of the project's life. What is the net present value of the project if the required rate of return is 10 percent?
