The Initial Investment of a Project Is £165,000

question 4

Multiple Choice

The initial investment of a project is £165,000.The annual cash flows for the four years are £48,000,£46,000,£56,000 and £68,000.Find the NPV of the project if the expected rate of return is 11%.

• A)-£5,300
• B)£5,300
• C)£1,318
• D)-£1,318

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