Question
You have been oered an investment that will cost you $4,500 today. After ve years you will receive $3,000 and after eight years you will
You have been oered an investment that will cost you $4,500 today. After ve years you will receive $3,000 and after eight years you will receive $5,000. What is the net present value of this investment, if your opportunity cost of capital is 5.5% p.a.?
(a) $8,000. (b) $3,500. (c) $5,553 (d) $1,053
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Horngrens Financial and Managerial Accounting
Authors: Tracie L. Nobles, Brenda L. Mattison, Ella Mae Matsumura
5th edition
9780133851281, 013385129x, 9780134077321, 133866297, 133851281, 9780133851298, 134077326, 978-0133866292
