A project that provides annual cash flows of $14,300 for 6 years costs $60,497 today.

A project that provides annual cash flows of $14,300 for 6 years costs $60,497 today.
-60497
14300
14300
14300
14300
14300
14300
=NPV(14%,E5:E10) £55,607.95
=55607.94+60497 -£4,889.05
a. If the required return is 14 percent, what is the NPV for this project?

 

-60497
14300
14300
14300
14300
14300
14300
=IRR(E4:E10) 11%

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