Question 2 5 pts You are evaluating a project with the following expected cash flows: an initial investment of $7 millio
Posted: Sun May 29, 2022 5:50 pm
Question 2 5 pts You are evaluating a project with the following expected cash flows: an initial investment of $7 million, followed by cash flows of $4, $7 and $24 million in years 1, 2 and 3, respectively. If the company's discount rate is 16%, what is this projects NPV? Enter your answer in millions of dollars (rounded), with no decimals. For example if the answer is 10.895 million, enter 11.