Question
The annual net return of a project that requires a capital investment of 120,000 TL is 28,000 TL. The life of the project has the
The annual net return of a project that requires a capital investment of 120,000 TL is 28,000 TL. The life of the project has the following probability distribution. What is the percent probability that the Net Present Value (PW) of the investment is positive when MCVR=10%?
| Longevity (N) | Possibility |
| 3 | 0.15 |
| 4 | 0.25 |
| 5 | 0.30 |
| 6 | 0.20 |
| 7 | 0.10 |
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Microeconomics
Authors: David Besanko, Ronald Braeutigam
5th edition
1118572270, 978-1118799062, 1118799062, 978-1118572276
