Question
You are offered an investment with returns of $ 2,042 in year 1, $ 3,845 in year 2, and $ 5,833 in year 3. The
You are offered an investment with returns of $ 2,042 in year 1, $ 3,845 in year 2, and $ 5,833 in year 3. The investment will cost you $ 5,865 today. If the appropriate Cost of Capital is 7.2 %, what is the Net present Value of the investment?
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Practical Financial Management
Authors: William R. Lasher
6th Edition
1439080496, 978-1439080498
