An auto-parts company is deciding whether to sponsor a racing team for a cost of $2438688. The sponsorship would last for 11 years and is expected to have cash flows by $634871 per year. If the discount rate is 8.69%, what will be the change in the value of the company if it chooses to go ahead with the sponsorship?

Answer rating: 100% (QA)

ANS WER The change in the value of the company if it chooses to go ahead with the sponsorship ... View the full answer