Tampa Tech is considering the following project. The estimated cost of the project in the current year is $889,000. The

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answerhappygod
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Tampa Tech is considering the following project. The estimated cost of the project in the current year is $889,000. The

Post by answerhappygod »

Tampa Tech is considering the following project. The
estimated cost of the project in the current year is $889,000. The
project is expected to generate cash flows in the amount of
$353,000 in the first and second year, followed by $1,300,000 in
year 3 through year 5. No cash flow is expected after year 5. The
company uses a discount rate of 8.2% for similar projects.
Calculate the NPV of this
project.
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