Herbilux Botanicals forecasts the following cash flows at the BEGINNING of each year for a project.If the firm's discount rate is 9%,what is the PRESENT VALUE of the project?

Name: Herbilux Botanicals forecasts the following cash flows at the BEGINNING of each year for a project.If the firm's discount rate is 9%,what is the PRESENT VALUE of the project?
Brand: Quizplus
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Question

Quizplus · Accepted Answer

CF₁ = $697,000 CF₂ = $631,000 CF₃ = $574,000 CF₄ = $898,000 CF₅ = $9,981,000 I/YR = 9 NPV = ? = 8,736,914 PV=8,736,914(1.09)=9,523,236

Herbilux Botanicals Forecasts the Following Cash Flows at the BEGINNING