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M Final Review Extra Credit x CChegg Study I Guided Sc x C ezt com o.mheducation

ID: 2750053 • Letter: M

Question

M Final Review Extra Credit x CChegg Study I Guided Sc x C ezt com o.mheducation /hm.tpx P MyLab & Masterin... M McGraw-Hill Connect Lesson5 Bookmark BMGT 481W BFIN 300 Financial Management FA15: FA15 FINANCE Final Review Extra Credit Question 10 (of 15) 10 66 points What Is the net present value of a project with the following cash flows and a required return of 11 percent? Year Cash Flow $30,400 1 16.800 2 21.530 3 4,000 O $5,134.13 O $5.455.86 O $-5,455.86 O $3,402.45 O -$5,134.13 Check my work Windows OD Seong Ny Seong Nye on Kim instructions l help Save & Exit AEOI OneDrive01 7:27 2015-12-06

Explanation / Answer

Year Cash flow PVF@11% Present value 0 $ (30,400) 1.000 $         (30,400.00) 1 $   16,800 0.901 $           15,135.14 2 $   21,530 0.812 $           17,474.23 3 $      4,000 0.731 $             2,924.77 Net present value $             5,134.13