Mayfield Development,LLC 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: Mayfield Development,LLC 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?
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Question

Quizplus · Accepted Answer

CF₀ = $697,000 CF₁ = $631,000 CF₂ = $574,000 CF₃ = $898,000 CF₄ = $9,981,000 I/YR = 9 NPV = ? = $9,523,236

Mayfield Development,LLC Forecasts the Following Cash Flows at the BEGINNING