Question
You have an opportunity to invest $108,000 now in return for $79,200 in one year and $30,100 in two years. If your cost of capital
You have an opportunity to invest $108,000 now in return for $79,200 in one year and $30,100 in two years. If your cost of capital is 9.4%, what is the NPV of thisinvestment?
The NPV will be $____
. (Round to the nearestcent.)
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Quantitative Investment Analysis
Authors: Richard A. DeFusco, Dennis W. McLeavey, Jerald E. Pinto, David E. Runkle
3rd edition
111910422X, 978-1119104544, 1119104548, 978-1119104223
