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 new
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 10000 units for $120 per unit, what is the NPV of the project? Use a required rate of return 8.00%, and assume that this new line is produced for one period only.
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Financial Modeling
Authors: Simon Benninga, Tal Mofkadi
5th Edition
0262046423, 9780253337825
