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An investment firm has several potential ventures described in the table below, which all have a six year life. State here on Blackboard which ventures
An investment firm has several potential ventures described in the table below, which all have a six year life. State here on Blackboard which ventures should be done if the budget is $115,000.Also statethe rate of return of each venture.Also state the opportunity cost of capital.Give all rate answersin percent to 2 decimal places like 9.38%
Venture Initial Cost Benefit
1 $25,000 $6,000
2 $32,000 $8,500
3 $12,000 $3,000
4 $9,000 $2,100
5 $22,000 $6,500
6 $14,000 $3,700
7 $40,000 $11,000
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