Question
The Hudson Corporation makes an investment of $24,000 that provides the following cash flow: Year Cash Flow 1 ..................... $10,000 2 ..................... 10,000 3 .....................
The Hudson Corporation makes an investment of $24,000 that provides the following cash flow:
Year Cash Flow
1 ..................... $10,000
2 ..................... 10,000
3 ..................... 10,000
What is the net present value at an 8 percent discount rate?
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Financial Institutions Management A Risk Management Approach
Authors: Anthony Saunders, Marcia Cornett
6th Edition
0077211332, 9780077211332
