Question
Your storage firm has been offered $96,500 in one year to store some goods for one year. Assume your costs are $96,500 , payableimmediately, and
Your storage firm has been offered $96,500 in one year to store some goods for one year. Assume your costs are $96,500, payableimmediately, and the cost of capital is
8.3%. Should you take thecontract?
The NPV will be ?. (Round to the nearestcent.)
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Fundamentals of Financial Management
Authors: Eugene F. Brigham, Joel F. Houston
15th edition
1337671002, 978-1337395250
