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Please provide full solution for this question and asnwer all 4 questions Two young entrepreneurs want to invest $210,000 in a restaurant. Their bus' ess
Please provide full solution for this question and asnwer all questions
Two young entrepreneurs want to invest $210,000 in a restaurant. Their bus' ess plan shows that the restaurant will generate the following cash flows: Year 3 4 5 7 8 9 10 Cashflow 10,000 15,000 40,000 45,000 55,000 60,000 65,000 70,000 75,000 80,000 They wanto earn at least 14% Ireturn They also Would like to have their initial investment recovered withi QI What is the present value? Q2 What is the net present value? Q3 What is the payback period? Q4 Should these entrepreneurs proceed with this investment? Use IntereSt Rafe Table to solve for asnyvering QI 5 years
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