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Listen You decide to start a business running tours in the historic gold mining town of Leechtown. Weird Scenes Inside the Goldmine will explore the
Listen You decide to start a business running tours in the historic gold mining town of Leechtown. Weird Scenes Inside the Goldmine will explore the past of this historic Vancouver Island town. Your initial investment will be $50,000 after that the project will return $15,000 in year 1 and $24,000 for the following 6 years. Calculate the NPV of the project if you require a return of 13% on your investment. Should you start your goldmine tour business from the previous problem? What is the IRR of the business
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