Question
You are offered an investment with returns of $ 1,442 in year 1, $ 4,247 in year 2, and $ 5,702 in year 3. The
You are offered an investment with returns of $ 1,442 in year 1, $ 4,247 in year 2, and $ 5,702 in year 3. The investment will cost you $ 8,573 today. If the appropriate Cost of Capital is 11.0 %, what is the Net present Value of the investment?
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Analysis for Financial Management
Authors: Robert c. Higgins
8th edition
73041807, 73041803, 978-0073041803
