Question
Which investment has a higher NPV (at an interest rate of 10%): a) An investment that costs $500 today and returns $100 / year for
Which investment has a higher NPV (at an interest rate of 10%):
a) An investment that costs $500 today and returns $100 / year for the next 6 years
b) an investment that costs %600 today and returns $90 per year for the next 7 years
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Investments Analysis And Management
Authors: Charles Jones, Nick Jones
11th Edition
0470477121, 9780470477120
