Mary has been approached by Ian to invest $75,000 of equity in a project that projects the
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Mary has been approached by Ian to invest $75,000 of equity in a project that projects the following cash flow. If Mary’s hurdle rate is 15%, should she invest in the deal?
Year Cash Flow 1 20,000 2 10,000 3 10,000 4 45,000
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Related Book For
Hospitality Financial Management
ISBN: 9780471692164
1st Edition
Authors: Agnes L DeFranco, Thomas W Lattin
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