Question
Marian Plunket owns her own business and is considering an investment. If she undertakes the investment, it will pay $4,680 at the end of each
Marian Plunket owns her own business and is considering an investment. If she undertakes the investment, it will pay $4,680 at the end of each of the next 3 years. The opportunity requires an initial investment of $1,170 plus an additional investment at the end of the second year of $5,850. What is the NPV of this opportunity if the interest rate is 2.4% per year? Should Marian take it?
What is the NPV of this opportunity if the interest rate is 2.4% per year?
The NPV of this opportunity is $(answer) (Round to the nearest cent.)
Should Marian take it?
Marian should not OR should take this opportunity?
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The Certified Lease And Finance Professionals Handbook
Authors: Deborah Reuben, Certified Lease & Finance Professionals, Equipment Finance Industry Experts
6th Edition
171743388X, 978-1717433886
