Question
You are offered an investment with returns of $ 1,553 in year 1, $ 3,146 in year 2, and $ 4,227 in year 3. The
You are offered an investment with returns of $ 1,553 in year 1, $ 3,146 in year 2, and $ 4,227 in year 3. The investment will cost you $ 6,727 today. If the appropriate Cost of Capital is 8.1 %, what is the Net present Value of the investment?
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Personal Finance
Authors: Jack R. Kapoor, Les R. Dlabay, Robert J. Hughes, Melissa Hart
12th edition
1259720683, 978-1259720680
