A company's required rate of return is 10%. The company is considering an investment that would result
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Question:
A company's required rate of return is 10%. The company is considering an investment that would result in a single cash inflow of $9,900 at the end of four years. What is the maximum amount that the company should be willing to invest in this project? In other words, what is the net present value of this investment? (Select the answer that is closest to your calculations.) |
$6,762. | |
$31,383. | |
$14,495. | |
$3,123. |
Related Book For
Financial Management for Public Health and Not for Profit Organizations
ISBN: 978-0132805667
4th edition
Authors: Steven A. Finkler, Thad Calabrese
Posted Date: