Question
Initial cost = $100,000; cash flows at end of years 1 and 2 = $45,000; opportunity cost of capital = 10%. What is the minimum
Initial cost = $100,000; cash flows at end of years 1 and 2 = $45,000; opportunity cost of capital = 10%. What is the minimum cash flow that could be received at the end of year 3 to make the following project "acceptable"?
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A First Course in Quantitative Finance
Authors: Thomas Mazzoni
1st edition
9781108411431, 978-1108419574
