Question
You have just been offered a contract worth $1.19 million per year for 6 years. However, to take the contract, you will need to purchase
You have just been offered a contract worth $1.19 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 is12.2%.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?
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The Economics Of Money Banking And Finance
Authors: Keith Bain, Peter Howells
1st Edition
0582278007, 9780582278004
