In: Finance
A project that provides annual cash flows of $17673 for eight years costs $80339 today. What is the NPV for the project if the required return is 19 percent? (Negative amount should be indicated by a minus sign. Round your answer to 2 decimal places. (e.g., 32.16))
Solution :
NPV for the project if the required return is 19 percent = - $ 10,453.50
Please find the attached screenshot of the excel sheet containing the detailed calculation for the solution.