Question
An investment under consideration has a payback of seven years and a cost of $881,000. Assume the cash flows are conventional. If the required return
An investment under consideration has a payback of seven years and a cost of $881,000. Assume the cash flows are conventional.
If the required return is 11 percent, what is the worst-case NPV?(Negative amount should be indicated by a minus sign. Round your answer to 2 decimal places, e.g., 32.16.)
Worst-case NPV$
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Fundamentals of Corporate Finance
Authors: Richard Brealey, Stewart Myers, Alan Marcus, Devashis Mitra, Elizabeth Maynes, William Lim
6th Canadian edition
1259024962, 978-1259024962
