Question
You have an opportunity to invest $105,000 now in return for $79,900 in one year and $29,000 in two years. If your cost of
You have an opportunity to invest $105,000 now in return for $79,900 in one year and $29,000 in two years. If your cost of capital is 9.2%, what is the NPV of this investment? The NPV will be $(Round to the nearest cent.)
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Managerial Accounting
Authors: John Wild, Ken Shaw
5th edition
978-0078025600
