What is the net present value of the project

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Reference no: EM132516045

The following project is under consideration by Riviera Holdings Corp. Riviera's requires a 15% rate of return on projects of this nature.

CF0: -$17,000,000

CF1: +$10,000,000

CF2: +$8,000,000

CF3: +$4,000,000

CF4: +$6,000,000

What is the net present value of the project?

$ 3.81M

$11.00M

$4.38M

$5.16M

$4.57M

Reference no: EM132516045

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