What will be the Net Present Value of the investment project if the amount of 1 000
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Question:
What will be the Net Present Value of the investment project if the amount of 1 000 000 USD should be invested now and the expected payout is 50523.42 USD quarterly for the next 10 years. Assume interest rate at the level of 16% (with quarterly capitalisation).
a. about 77235.10 USD
b. about -755810.21 USD
c. about 755810.21 USD
d. near 0 USD
Related Book For
College Accounting Chapters 1-30
ISBN: 978-0077862398
14th edition
Authors: John Price, M. David Haddock, Michael Farina
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