A company just paid $10 million for a feasibility study. If the company goes ahead with the project, it must immediately
Posted: Sun Jul 03, 2022 12:54 pm
company just paid $10 million for a feasibility study. If the company goes ahead with the project, it must immediately spend another $103,776,883 how, and then spend $20 million in one year. In two years it will receive $80 million, and in three years it will receive $90 million. If the cost of capital for the project is 11 percent, what is the project's NPV?
A