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Please answer all parts. Thank you Marian Plunket owns her own business and is considering an investment. If she undertakes the investment, it will pay
Please answer all parts. Thank you
Marian Plunket owns her own business and is considering an investment. If she undertakes the investment, it will pay $4,840 at the end of each of the next 3 years. The opportunity requires an initial investment of $1,210 plus an additional investment at the end of the second year of $6,050. What is the NPV of this opportunity if the interest rate is 2.3% per year? Should Marian take it? What is the NPV of this opportunity if the interest rate is 2.3% per year? The NPV of this opportunity is $ (Round to the nearest cent)Step by Step Solution
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