Question
You invest ($13,000) today in a project that will pay off $15,132 one year from now (at t=1). The appropriate discount rate is 10% per
You invest ($13,000) today in a project that will pay off $15,132 one year from now (at t=1). The appropriate discount rate is 10% per year.
What is the NPV of this investment? (0 decimals)
What is the IRR of this project? (3 decimals)
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Fundamentals of Investing
Authors: Scott B. Smart, Lawrence J. Gitman, Michael D. Joehnk
12th edition
978-0133075403, 133075354, 9780133423938, 133075400, 013342393X, 978-0133075359
