Question
Considering an investment in a business venture with the following anticipated cash flow results: EOY Cash Flow 0 -$120,000 1 $27,000 2 $26,000 3 $25,000
Considering an investment in a business venture with the following anticipated cash flow results:
| EOY | Cash Flow |
|---|---|
| 0 | -$120,000 |
| 1 | $27,000 |
| 2 | $26,000 |
| 3 | $25,000 |
| 4 | $24,000 |
| 5 | $23,000 |
| 6 | $22,000 |
| 7 | $21,000 |
| 8 | $20,000 |
| 9 | $19,000 |
| 10 | $18,000 |
| 11 | $17,000 |
| 12 | $16,000 |
| 13 | $15,000 |
| 14 | $14,000 |
| 15 | $13,000 |
| 16 | $12,000 |
| 17 | $11,000 |
| 18 | $10,000 |
| 19 | $9,000 |
| 20 | $8,000 |
MARR is 20% per year. Based on an external rate of return analysis:
What is the investment's worth?
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Understanding Bitcoin
Authors: Robert P. Murphy ,Silas Barta
1st Edition
1505819784, 978-1505819786
