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What is the value of J at 8% interest rate per year for which the NPV of the cash flows will be zero? Year Cash
What is the value of J at 8% interest rate per year for which the NPV of the cash flows will be zero?
| Year | Cash Flow |
| 0 | $8,000 |
| 1 | +2J |
| 2 | +4J |
| 3 | +8J |
| 4 | +12J |
| 5 | -12J |
| 6 | -8J |
| 7 | -4J |
| 8 | -2J |
| $5,674 | ||
| $4,386 | ||
| $2,567 | ||
| $2,089 |
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Authors: Kruse
1st Edition
0875272479, 978-0875272474
