Question
. If you invest $7,000 in a business venture today, you can receive $2,216 per year for 4 years. The first cash flow comes at
. If you invest $7,000 in a business venture today, you can receive $2,216 per year for 4 years. The first cash flow comes at the end of Year 2. If the required rate of return is 12%, what is the NPV of this business venture?
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The Handbook For Investment Committee Members
Authors: Russell L. Olson
1st Edition
0471719781, 978-0471719786
