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David is considering investing in his own line of artisanal soaps. It would cost $200,000 today and $100,000 in year 1. In year 2, it
David is considering investing in his own line of artisanal soaps. It would cost $200,000 today and $100,000 in year 1. In year 2, it would earn $250,000. In year 3, it would earn $150,000. In year 4, it would earn $50,000. If the discount rate is 15%, what is the net present value of the project?
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