Question
15.Your firm invests $78,000 in a turnover-reduction program that is expected to generate $392,000 in cash flows five years from now. Using a discount factor
15.Your firm invests $78,000 in a turnover-reduction program that is expected to generate $392,000 in cash flows five years from now. Using a discount factor of 6.75%, what is the net present value of this investment?
16.What's wrong with using total pay as an estimate of the value of employees' time?
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Public Finance and Public Policy
Authors: Jonathan Gruber
5th edition
1464143331, 978-1464143335
