Assume 2000 a year in years 1 through 5 3000 a year in, Financial Management

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Assume 2000 a year in years 1 through 5 3000 a year in

A project needs $4000 as investment. The future cash flows is estimated as follows: Assume $2,000 a year in Years 1 through 5, $3,000 a year in Years 6 through 8, and $4,000 in Year 9, with all cash flows to be received at the end of the year. If you require a 14 percent rate of return, what is the net present value of this project?

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Financial Management: Assume 2000 a year in years 1 through 5 3000 a year in

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Financial Management: Assume 2000 a year in years 1 through 5 3000 a year in

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