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You have an opportunity to invest $ 104 comma 000$104,000 now in return for $ 79 comma 200$79,200 in one year and $ 30 comma
You have an opportunity to invest
$ 104 comma 000$104,000
now in return for
$ 79 comma 200$79,200
in one year and
$ 30 comma 100$30,100
in two years. If your cost of capital is
9.3 %9.3%,
what is the NPV of this investment?
You have an opportunity to invest $104,000 now in return for $79,200 in one year and $30,100 in two years. If your cost of capital is 9.3%, what is the NPV of this investment? The NPV will be SRound to the nearest cent.)Step by Step Solution
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