Question
An investment opportunity requires an investment of $23 million today, and $12 million in one year. The project will pay you $40 million in one
An investment opportunity requires an investment of $23 million today, and $12 million in one year. The project will pay you $40 million in one year upon completion. Suppose the cash flows and their times of payment are certain, and the risk-free interest rate is 6%. The NPV of this project is $__ million. (Round to 2 decimal places.)
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Renewable Energy Finance Funding The Future Of Energy
Authors: Charles W Donovan
2nd Edition
1786348594, 9781786348593
