Question
You are offered an investment with returns of $ 1,242 in year 1, $ 3,568 in year 2, and $ 5,120 in year 3. The
You are offered an investment with returns of $ 1,242 in year 1, $ 3,568 in year 2, and $ 5,120 in year 3. The investment will cost you $ 6,416 today. If the appropriate Cost of Capital is 7.0 %, what is the Net present Value of the investment?
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Financial Management
Authors: Rob Quail, Ricardo J. Rodriguez
2nd Edition
1557868441, 9781557868442
