Question: Question 1. Which has a greater present value: the gross margin for year 1 or the gross margin for year 8 (the peak year

Question 1. Which has a greater present value: the gross margin for year 1 or the gross margin for year 8 (the peak year for gross margin)? Answer: Question 2. What is the present value of the gross margin at year 16? Answer: Question 3. What rate of increase is needed from year 1 through year 8 to have a year 8 gross margin with a present value that is equal to the present value of the year 1 gross margin? Hint: Use goal seek. Answer:

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