Question
c) Now, assume that the operating cash flows in years 1 through 5 could be as low as $20,000 or as high as $40,000. Furthermore,
c) Now, assume that the operating cash flows in years 1 through 5 could be as low as $20,000 or as high as $40,000. Furthermore, the salvage value cash flow at the end of Year 5 could be as low as $0 or as high as $30,000. What are the worst-case and best-case IRRs? What are the worst-case and best-case NPVs?
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Strategic Public Finance
Authors: Stephen Bailey
1st Edition
0333922212, 978-033392221
