Question
You have an opportunity to invest$100,000 now in return for $79,700 in one year and $29,700 in two years. If your cost of capital is
You have an opportunity to invest$100,000 now in return for $79,700 in one year and $29,700 in two years. If your cost of capital is 8.6 % what is the NPV of thisinvestment?
The NPV will be $___.(Round to the nearest cent.)
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Fundamentals of Financial Management
Authors: Eugene F. Brigham, Joel F. Houston
11th edition
324422870, 324422873, 978-0324302691
