Question
Your storage firm has been offered $ 100 comma 000 in one year to store some goods for one year. Assume your costs are $
Your storage firm has been offered $ 100 comma 000 in one year to store some goods for one year. Assume your costs are $ 95 comma 700, payable immediately, and the cost of capital is 8.8 %. Should you take the contract? The NPV will be $ nothing. (Round to the nearest cent.)
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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
