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You are offered an investment opportunity that costs you $28,000, has a net present value (NPV) of $2278, lasts for three years, has a
You are offered an investment opportunity that costs you $28,000, has a net present value (NPV) of $2278, lasts for three years, has a discount rate of 10%, and produces the following cash flows: Date 0 2 3 -$28,000 $10,000 ? $15,000 Cash flow The missing cash flow from year 2 is closest to: A. $12,000 B. $10,000 C. $12,500 D. $13,000
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Introduction to Finance Markets Investments and Financial Management
Authors: Melicher Ronald, Norton Edgar
15th edition
9781118800720, 1118492676, 1118800729, 978-1118492673
