Landcruisers Plus (LP) has operated an online retail store selling off-road truck parts. As the name impies, the firm specializes in parts for the venerable Toyota FJ40, which is known for known throughout the world.
West Coast Telephone is considering a project with an intial outlay of $X (need to determine this amount), It is expected that the project will produce a postive cash flow of $50,000 at the end of each year for the next 15 years. The appropriate discont rate for this project is 10 percent. If the project has a 14 percent IRR. Compute the project's NPV using the financial calculator?