Question
What is the maximum that should be invested in a project at time zero if the inflows are estimated at $40,000 annually for 4 years,
What is the maximum that should be invested in a project at time zero if the inflows are estimated at $40,000 annually for 4 years, and the cost of capital is 8%?
| A. | $138,604 | |
| B. | $132,485 | |
| C. | $130,800 | |
| D. | $126,565 |
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Intermediate Financial Management
Authors: Brigham, Daves
10th Edition
978-1439051764, 1111783659, 9780324594690, 1439051763, 9781111783655, 324594690, 978-1111021573
