Question
Eva bought the Pretty and Bold Boutique for R120 000. Her estimated cash inflows for the next five years are R15 000, R28 000, R42
Eva bought the Pretty and Bold Boutique for R120 000. Her estimated cash inflows for the next five years are R15 000, R28 000, R42 000, R35 000 and R40 000.
If the NPV equals R4 500, then the cost of capital is
[1] 8,78%.
[2] 10,27%.
[3] 25,70%.
[4] 7,92%.
[5] none of the above.
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Fundamentals of Corporate Finance
Authors: Richard Brealey, Stewart Myers, Alan Marcus, Devashis Mitra, Elizabeth Maynes, William Lim
6th Canadian edition
1259024962, 978-1259024962
