Question
A factory costs $280,000. You forecast that it will produce cash inflows of $80,000 in year 1, $140,000 in year 2, and $220,000 in year
A factory costs $280,000. You forecast that it will produce cash inflows of $80,000 in year 1, $140,000 in year 2, and $220,000 in year 3. The discount rate is 12%.
a. What is the value of the factory? Round 2 decimals
Value of the factory:
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Personal Finance Building Your Future
Authors: Robert B. Walker, Kristy P. Walker
1st edition
9780077861728, 978-0073530659
