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Assume that the firm invests $60,000 today to get $16,000 at Year 1 (i.e. one year from now), $12,000 at Year 2, $14,000 at Year

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Assume that the firm invests $60,000 today to get $16,000 at Year 1 (i.e. one year from now), $12,000 at Year 2, $14,000 at Year 3, $15,000 at Year 4, $16,500 at Year 5, $17,000 at Year 6. What's the Net Present Value of this investment? Assume the Interest (discount) rate is 10.20%. $64,956.50 $4,956.50 $64,677.32 $6,923.06 $4,677.32

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