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 Multinational Finance
Authors: Michael H. Moffett, Arthur I. Stonehill, David K. Eiteman
5th edition
205989756, 978-0205989751
