Question
You are offered an investment with returns of $ 1,896 in year 1, $ 4,880 in year 2, and $ 3,029 in year 3. The
You are offered an investment with returns of $ 1,896 in year 1, $ 4,880 in year 2, and $ 3,029 in year 3. The investment will cost you $ 6,255 today. If the appropriate Cost of Capital is 10.3 %, what is the Net present Value of the investment?
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Fundamentals of Multinational Finance
Authors: Michael H. Moffett, Arthur I. Stonehill, David K. Eiteman
5th edition
205989756, 978-0205989751
