Transcribed Image Text
A magazine publisher wants to launch a new magazine geared tocollege students. The project's initial investment is $65. Theproject's cash flows that come in at the end of each year are $23for 5 consecutive years beginning one year from today. What is theproject's NPV if the required rate of return is 15%?$_____Place your answer in dollars and cents without the use of adollar sign or comma. If applicable, a negative answer should havea "minus" sign in front of the number.Work your analysis out to at least 4 decimal places ofaccuracy.Based upon the NPV decision rule, should the company accept orreject the project?Answer #2:(Yes or No) Place your aswer as the word "yes" or theword "no".
Other questions asked by students
Statistics
Accounting
Accounting