A $130,000 investment in new equipment this year will increase your firm's profits by 50,000 in each
Fantastic news! We've Found the answer you've been seeking!
Question:
A $130,000 investment in new equipment this year will increase your firm's profits by 50,000 in each of the next 3 years. What is the net present value of this investment if your firm's opportunity cost of capital is 10%?
Posted Date: