Question
You have the opportunity to invest $20 million in a project that offers an expected payoff of $25 million next year. Based on the projects
You have the opportunity to invest $20 million in a project that offers an expected payoff of $25 million next year. Based on the projects exposure to systematic risk, you estimate the appropriate discount rate to be 15%. What is the NPV of this project? What is its internal rate of return (IRR)?
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Stochastic Volatility In Financial Markets Crossing The Bridge To Continuous Time
Authors: Antonio Mele, Fabio Fornari
1st Edition
0792378423, 1461545331, 9780792378426, 9781461545330
