Question
A farmer sows a certain crop. It costs $220,000 to buy the seed, prepare the ground, and sow the crop. In one year's time it
A farmer sows a certain crop. It costs $220,000 to buy the seed, prepare the ground, and sow the crop. In one year's time it will cost $112,400 to harvest the crop. If the crop will be worth $350,000, and the interest rate is 8%, what is the net present value (NPV) of this investment?
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The Handbook Of Pairs Trading
Authors: Douglas S. Ehrman
1st Edition
0471727075, 9780471727071
