Mathematics · Financial Mathematics
A project has an initial cash outflow of $12,000 followed by six equal annual cash inflows, commencing in one year's time. The payback period is exactly four years. The cost of capital is 12% per year. What is the project's net present value (to the nearest $)?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1$348
- 2$342
- 3$336✓
- 4$334
Correct answer
$336
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