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The company intends to invest in a business improvement for Project V with an i...
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The company intends to invest in a business improvement for Project V with an initial cost of R4 750; the required return rate is 12% and the payback period is four years.
The projected net annual cash flows for the project are as follows:
Project V
| |
Year 0
|
-4 750
|
Year 1
|
3 400
|
Year 2
|
3 000
|
Year 3
|
4 000
|
Year 4
|
3 500
|
What is the net present value of the proposed project?
0%
100%
0%
0%