(c) Does the present value of the benefit from training exceed the present value of the cost?...

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(c) Does the present value of the benefit from training exceed the present value of the cost?

(d) Suppose the interest rate rises 15 percent. Will the training still be undertaken? Explain.

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Managerial Economics

ISBN: 9780415272889

1st Edition

Authors: Tim Fisher , Robert Waschik

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