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11-2: Net Present Value (NPV) NPV Project K costs $40,000, its expected cash inflows are $10,000 per year for 10 years, and its WACC is 11%, what is the projects NPV? Round your answer to the nearest cent.
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4 NPV is the present value of all future cash flow less initial investment Expected cash flow Period WACC PV Project cost NPV 10000 10 years 11% 58,892.32 40,000.00 18,892.32 10 12 13 14 154 NPV is the present v Expected cash flow Period WACC PV Project cost 10000 10 0.11 -PV(E8,E7,E6) 40000 years 10 PV E9-E10 12

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