Question
What is the benefit-cost ratio for an investment with the following cash flows at a 14.5-percent required return? YearCash Flow 0$(46,500) 1$ 12,200 2$ 38,400
What is the benefit-cost ratio for an investment with the following cash flows at a 14.5-percent required return?
YearCash Flow
0$(46,500)
1$ 12,200
2$ 38,400
3$ 11,300
a. 0.94
b. 0.98
c. 1.02
d. 1.06
e. 1.11
f. None of the options are correct.
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Linear Algebra And Its Applications
Authors: David Lay, Steven Lay, Judi McDonald
6th Global Edition
978-1292351216, 1292351217
