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You are offered an investment with returns of $ 10,000 a year for years 1 to 5, then $ 5,000 in year 6, nothing in
You are offered an investment with returns of $ 10,000 a year for years 1 to 5, then $ 5,000 in year 6, nothing in year 7, and $ 3,000 in year 8. The investment will cost you $ 70,000 today. If the appropriate Cost of Capital (quoted interest rate) is 10 %, what is the Net present Value of the investment? Enter your answer to the nearest $.01. Do not use the $ sign or commas in your answer. If the NPV is negative, use the - sign
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