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Your storage firm has been offered $95,100 in one year to store some goods for one year. Assume your costs are $95,800, payable immediately, and
Your storage firm has been offered
$95,100
in one year to store some goods for one year. Assume your costs are
$95,800,
payable immediately, and the cost of capital is
8.7%.
Should you take the contract?
The NPV will be
$enter your response here.
(Round to the nearest cent.)
Should you take the contract?(Select from the drop-down menu.)
The contractshould not/ should be taken.
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