Question
A firm has an opportunity to invest $100,000 today that will yield $115,000 in one year. If interest rates are 7%, what is the net
A firm has an opportunity to invest $100,000 today that will yield $115,000 in one year. If interest rates are 7%, what is the net present value (NPV) of this investment?
A. $11,963
B. $15,000
C. $8,224
D. $7,477
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Innovation And Technology
Authors: Nikos Vernardakis
1st Edition
0415676800, 978-0415676809
