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our storage firm has been offered $ 98 comma 400$98,400 in one year to store some goods for one year. Assume your costs are $
our storage firm has been offered
$ 98 comma 400$98,400
in one year to store some goods for one year. Assume your costs are
$ 96 comma 900$96,900,
payable immediately, and the cost of capital is
8.6 %8.6%.
Should you take the contract?
The NPV will be
$
(Round to the nearest cent.)
Should you take the contract?The contract
should not or
should
be taken.
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