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Company A is contemplating building a new plant. The company anticipates that the plant will require an initial investment of $4,490,907 in net working capital
Company A is contemplating building a new plant. The company anticipates that the plant will require an initial investment of $4,490,907 in net working capital today. The plant will last 10 years, at which point the full investment in net working capital will be recovered. Given an annual discount rate of 6.3896, what is the net present value of this working capital investment
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The Oxford Handbook Of Entrepreneurial Finance
Authors: Douglas Cumming
1st Edition
0195391241, 978-0195391244
