Question
An investment under consideration has a payback of six years and a cost of $882,000. Assume the cash flows are conventional. If the required return
An investment under consideration has a payback of six years and a cost of $882,000. Assume the cash flows are conventional.
If the required return is 12%, 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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Finance for Non Financial Managers
Authors: Pierre Bergeron
7th edition
176530835, 978-0176530839
