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Unformatted text preview: Present value of an annuity of $1 at 12% for 4 years x Present value of annual cash flows Less amount to be invested Net present value 2. Net present value analysis: Net Cash Flow Present Value of Net Cash Flow Year Project I Project II Project I Project II 1 2 3 4 Residual value Total Amount to be invested Net present value 3. To: Investment Committee Present Value of $1 at 12%...
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This note was uploaded on 03/12/2011 for the course ACCT 2011 taught by Professor Field during the Fall '09 term at University of Minnesota Morris.
- Fall '09