Question
You are offered an investment with returns of $ 1,335 in year 1, $ 3,404 in year 2, and $ 3,212 in year 3. The
You are offered an investment with returns of $ 1,335 in year 1, $ 3,404 in year 2, and $ 3,212 in year 3. The investment will cost you $ 6,255 today. If the appropriate Cost of Capital is 9.8 %, what is the Net present Value of the investment?
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Financial Management for Public, Health and Not-for-Profit Organizations
Authors: Steven A. Finkler, Daniel L. Smith, Thad D. Calabrese, Robert M. Purtell
5th edition
1506326846, 9781506326863, 1506326862, 978-1506326849
