Question
Your firm has a risk-free investment opportunity with an initial investment of $156,000 today and receipts of $173,000 in one year. For what level of
Your firm has a risk-free investment opportunity with an initial investment of $156,000 today and receipts of $173,000 in one year. For what level of interest rates is this project attractive?
The project will be attractive when the interest rate is any positive value less than or equal to
%.
(Round to two decimal places.)
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Corporate Finance For Dummies
Authors: Michael Taillard
2nd Edition
1119850312, 978-1119850311
