Question
You are analyzing whether or not to accept a project.The project requires an investment of $5,000 today and will generate cash flows of:$2,000@ t=1,$1,500@ t=2,$1,000@
You are analyzing whether or not to accept a project.The project requires an investment of $5,000 today and will generate cash flows of:$2,000@ t=1,$1,500@ t=2,$1,000@ t=3 and $750 at t=4.A financing cost of __________% would make you indifferent to taking on this project or not.
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Fundamentals of Investing
Authors: Scott B. Smart, Lawrence J. Gitman, Michael D. Joehnk
12th edition
978-0133075403, 133075354, 9780133423938, 133075400, 013342393X, 978-0133075359
