This tells Excel to find the present value of the cash flows and then add in the initial cost of the investment | Side Note: the interest rate that makes the NPV zero in the previous example it is about 14% is called the |
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The first example comprises the comparison and selection of different project options | Boston: McGraw Hill Higher Education |
The model can be used to account for the risk premium without compounding its effect on present value.
This is where the NPV method makes a difference | The biggest concern we hear from people is that they somehow caused their caterpillars to die |
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If you understand Present Value, you can skip straight to | We discount our first cash flow, a cash outflow to be precise, by zero years |
NPV uses discounted cash flows due to the TMV.