Question
An investment under consideration has a payback of eight years and a cost of $883,000. Assume the cash flows are conventional. If the required
An investment under consideration has a payback of eight years and a cost of $883,000. Assume the cash flows are conventional. If the required return is 10%, what is the worst-case NPV? (Negative answer should be indicated by a minus sign. Do not round intermediate calculations. Round the final answer to 2 decimal places. Omit $ sign in your response.) Worst-case NPV $
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Principles of Finance
Authors: Scott Besley, Eugene F. Brigham
6th edition
9781305178045, 1285429648, 1305178041, 978-1285429649
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