Question
You have an opportunity to invest $50,800 now in return for $60,000 in one year. If your cost of capital is 8.5%, what is the
You have an opportunity to invest
$50,800
now in return for
$60,000
in one year. If your cost of capital is
8.5%,
what is the NPV of thisinvestment?
The NPV will be?
(Round to the nearest cent.)
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Financial Markets And Institutions
Authors: Anthony Saunders, Marcia Millon Cornett
1st International Edition
0071181334, 9780071181334
