Wandering RV is evaluating a capital budgeting project that is expected to generate $36,600 per year during its five-year life. If its required rate of return is 14 percent, what is the value of the project to Wandering RV? Do not round intermediate calculations. Round your answer to the nearest cent.

Wandering RV is evaluating a capital budgeting project that is expected to generate $36,600 per year during its five-year life. If its required rate of return is 14 percent, what is the value of the project to Wandering RV? Do not round intermediate calculations. Round your answer to the nearest cent.

EBK CONTEMPORARY FINANCIAL MANAGEMENT

14th Edition

ISBN:9781337514835

Author:MOYER

Publisher:MOYER

Chapter9: Capital Budgeting And Cash Flow Analysis

Section: Chapter Questions

Problem 3P

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