Question
You are offered an investment with returns of $ 1,942 in year 1, $ 4,206 in year 2, and $ 3,447 in year 3. The
You are offered an investment with returns of $ 1,942 in year 1, $ 4,206 in year 2, and $ 3,447 in year 3. The investment will cost you $ 6,257 today. If the appropriate Cost of Capital is 6.9 %, what is the Net present Value of the investment?
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Contemporary Business Mathematics with Canadian Applications
Authors: S. A. Hummelbrunner, Kelly Halliday, Ali R. Hassanlou, K. Suzanne Coombs
11th edition
134141083, 978-0134141084
