Since a business is an investment, like any other, an considering after 5 years that investment has
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Since a business is an investment, like any other, an considering after 5 years that investment has a 33% chance of being worth $0… and after 10 years that investment has a 50% chance of being worth $0…
If you were to spend $250,000 of your own money to start a business, what return (profit) would you expect? Remember, 33% chance worth $0 after 5 years, 50% chance worth $0 after 10 years. What is the least return you would demand for that sort of risk?
Related Book For
Financial Management for Decision Makers
ISBN: 978-0138011604
2nd Canadian edition
Authors: Peter Atrill, Paul Hurley
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