Question
You are preparing to produce some goods for sale. You will sell them in one year and you will incur costs of $71,000 immediately. If
You are preparing to produce some goods for sale. You will sell them in one year and you will incur costs of
$71,000
immediately. If your cost of capital is
7.1%,
what is the minimum dollar amount you need to sell the goods for in order for this to be a non-negative NPV?
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Financial Management Theory And Practice
Authors: Prasanna Chandra
11th Edition
9355322208, 978-9355322203
