Question
you plan to open a restaurant and estimate that the initial investment at the beginning is $20,000. If the PI of this project is 1.25,
you plan to open a restaurant and estimate that the initial investment at the beginning is $20,000. If the PI of this project is 1.25, how much is the NPV of the project?
a)
$5,000
b)
$25,000
c)
$45,000
d)
$16,000
e)
Not enough information to estimate
f)
None of the above
the answer is A. can someone explain how they got this? i got b!
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Bond Markets Analysis and Strategies
Authors: Frank J.Fabozzi
9th edition
133796779, 978-0133796773
