In: Finance
NPV A project has an initial cost of $60,375, expected net cash inflows of $13,000 per year for 11 years, and a cost of capital of 8%. What is the project's NPV? (Hint: Begin by constructing a time line.) Do not round your intermediate calculations. Round your answer to the nearest cent.
Help please
npv is present value of cash flows less initial investment
npv is 32431.54
pv of cash flows is calculated by using npv function in excel