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QUESTION 5 If Firm XYZ spends 5,000 in Year 0 on establishing an ice-cream parlour, receives 15,000 after one year as its first cash
QUESTION 5 If Firm XYZ spends 5,000 in Year 0 on establishing an ice-cream parlour, receives 15,000 after one year as its first cash inflows, 20,000 after two years, and 25,000 after three years, then its net present value, assuming an interest rate of 3%, would be OA. 55,255.93 OB. 51,255.87 OC. 52,955.53 OD. 51,293.57
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