Question: Please show all the work with formulas Assume that an investment project costs $50,000 at Year 0 and another $50,000 at Year 1, but creates
Please show all the work with formulas
Assume that an investment project costs $50,000 at Year 0 and another $50,000 at Year 1, but creates a payoff of $50,000 at Year 2, and a payoff of $60,000 at Year 3. a. Should you take the project if the interest rate is 9%? b. What if the interest rate is 3%? Attach File Browse My Computer Browse Content Collection
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