What is the net present value of the project


Stone Inc. is evaluating a project with an initial cost of $8,450. Cash inflows are expected to be $1,000, $1,000 and $10,000 in the three years over which the project will produce cash flows. If the discount rate is 13%, what is the net present value of the project? A) less than $0 B) between $0 and $400 C) between $400 and $800 D) more than $800

Request for Solution File

Ask an Expert for Answer!!
Accounting Basics: What is the net present value of the project
Reference No:- TGS0556008

Expected delivery within 24 Hours