An investment of $ 40,000 is estimated to yield $ 43,000 at the end of the first year, $ 79,000 in the middle of the second year and $ 24,000 at the end of the second year. The return requirement for the investment is 10%. Calculate the net present value of the investment.

Answer rating: 100% (QA)

To calculate the net present value NPV of the investment we need to discount the future cash ... View the full answer