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Saw 3 points You are offered a 3-year investment opportunity that requires investing USD 1,603 today. The investment will pay you an income of USD
Saw 3 points You are offered a 3-year investment opportunity that requires investing USD 1,603 today. The investment will pay you an income of USD 64 in year 1, USD 69 in year 2 and USD 70 in year 3. At the end of year 3 it will also pay a total sum of USD 1,963. The current discount rate is 0.12 percent. Is the investment worth undertaking? Give your answer in 0.000. The formula is NPV = INV + 2,"CF/ (1+r)
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