Question: Given the following information, a required return of 8%, an initial investment of $45,000, and cash flows of $12,000, $20,000, $10,000 and $6,000 for years
Given the following information, a required return of 8%, an initial investment of $45,000, and cash flows of $12,000, $20,000, $10,000 and $6,000 for years 1-4 respectively, should the investment be done?
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Year cash flow PVF 8n year present value 0 45000 1 45000 1 12000 0926 ... View full answer
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