You have just been offered a contract worth $1.02 million per year for 6 years. However,...
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You have just been offered a contract worth $1.02 million per year for 6 years. However, to take the contract, you will need to purchase some new equipment. Your discount rate for this project is 11.7% You are still negotiating the purchase price of the equipment. What is the most you can pay for the equipment and still have a positive NPV? www The most you can pay for the equipment and achieve the 11.7% annual return is $million (Round to two decimal places.) You have just been offered a contract worth $1.02 million per year for 6 years. However, to take the contract, you will need to purchase some new equipment. Your discount rate for this project is 11.7% You are still negotiating the purchase price of the equipment. What is the most you can pay for the equipment and still have a positive NPV? www The most you can pay for the equipment and achieve the 11.7% annual return is $million (Round to two decimal places.)
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