Question: Please help asap! Thank you so much. Due in 2 hours. The next two questions concern a firm's possible investment in a training program. The
The next two questions concern a firm's possible investment in a training program. The immediate cost would be $2,000, but it would enhance the firm's profits by $4,000 over the next two years: the firm's profits would increase by $1,000 in the first year (one year after the initial cost) and by $3,000 in the second year. Question 12 (1 point) If the firm's opportunity cost of funds is 8%, then what is the present value of the project, to the firm, to the nearest dollar? \$ A Question 13 (1 point) What is the internal rate of return for this project, to the nearest percent? (For this problem, unlike most problems that ask you to find the IRR, you can find an exact answer algebraically.) A %
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
