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Nyiomi grows a certain 'cash crop' in her folk s backyard. It costs her $ 2 4 0 , 0 0 0 to buy the
Nyiomi grows a certain 'cash crop' in her folks backyard. It costs her $ to buy the seed, prepare the ground, and plant it After two years one year she hires Joe to harvest the crop for $ and then sells the crop that year for $ Her interest rate is
What is the net present value NPV of Nyiomis investment? Is she making a bank?
What is the IRR of this investment? What does it mean to Nyiomi?
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