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solve using a formula driven spreadsheet and include excel functions 22. Billman Corporation has an investment opportunity that would require an up-front investment of $7,000,000
solve using a formula driven spreadsheet and include excel functions
22. Billman Corporation has an investment opportunity that would require an up-front investment of $7,000,000 in assets and would bring in additional revenues of $3,000,000 each year for 4 years. The assets could be sold at the end of 4 years for $400,000. Billman has a tax rate of 30% and a required rate of return of 14%. a. Calculate the net present value of the investment opportunity. b. From a financial perspective, should Billman accept or reject the opportunity
solve using a formula driven spreadsheet
and include excel functions
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