Question
Apple is planning to incorporate new software for the price of $ 600000 today in order to produce a new line of the iPod. The
Apple is planning to incorporate new software for the price of $600000 today in order to produce a new line of the iPod. The new iPod will be ready for sale in 1 year. If the new software will generate incremental sales of 10000units for $80 per unit, what is the NPV of the project? Use a required rate of return 7.00%, and assume that this new line is produced for one period only. $ Place your answer to the nearest dollar without any commas.
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International Financial Management
Authors: Cheol S. Eun, Bruce G.Resnick
6th Edition
71316973, 978-0071316972, 78034655, 978-0078034657
