Question
Assume that the firm invests $73,000 today to get $23,000 at Year 1 (i.e. one year from now), $21,000 at Year 2, $27,000 at Year
Assume that the firm invests $73,000 today to get $23,000 at Year 1 (i.e. one year from now), $21,000 at Year 2, $27,000 at Year 3, $31,000 at Year 4, $27,500 at Year 5, $27,500 at Year 6. What’s the Net Present Value of this investment? Assume the Interest (discount) rate of 11.70%.
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Macroeconomics Principles and Applications
Authors: Robert e. hall, marc Lieberman
5th edition
1111397465, 9781439038970, 1439038988, 978-1111397463, 143903897X, 9781439038987, 978-1133265238
