Question
Your storage firm has been offered $99,500 in one year to store some goods for one year. Assume your costs are $96,800, payable immediately,
Your storage firm has been offered $99,500 in one year to store some goods for one year. Assume your costs are $96,800, payable immediately, and the cost of capital is 8.9%. Should you take the contract? The NPV will be $ (Round to the nearest cent.)
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Fundamentals of Corporate Finance
Authors: Berk, DeMarzo, Harford
2nd edition
132148234, 978-0132148238
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