If the appropriate discount rate for the company is 159


The ABC Resort is redoing its golf course at a cost of $778,000. It expects to generate cash flows of $470,000, $798,000 and $135,000 over the next three years. If the appropriate discount rate for the company is 15.9 percent, what is the NPV of this project (to the nearest dollar)?

Solution Preview :

Prepared by a verified Expert
Basic Statistics: If the appropriate discount rate for the company is 159
Reference No:- TGS02794811

Now Priced at $10 (50% Discount)

Recommended (99%)

Rated (4.3/5)