asked 168k views
3 votes
M Corporation has provided the following data concerning an investment project that it is considering: Initial investment$220,000 Annual cash flow $129,000per year Expected life of the project 4years Discount rate 9% Click here to view Exhibit 12B-1 and Exhibit 12B-2, to determine the appropriate discount factor(s) using the tables provided. The net present value of the project is closest to:

asked
User Erik S
by
8.1k points

1 Answer

5 votes

Answer:

$197,923.86

Step-by-step explanation:

answered
User Zulan
by
7.2k points
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