Question
John has an investment opportunity that promises to pay him $17,080 in four years. Suppose the opportunity requires John to invest $14,600 today. (FV of
| John has an investment opportunity that promises to pay him $17,080 in four years. Suppose the opportunity requires John to invest $14,600 today. (FV of $1, PV of $1, FVA of $1, PVA of $1, FVAD of $1 and PVAD of $1) (Use appropriate factor(s) from the tables provided.) |
| What is the interest rate John would earn on this investment? |
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Principles Of Project Finance
Authors: E.R. Yescombe
1st Edition
0127708510, 978-0127708515
