You have an opportunity to invest $109,000 now in return for $79,000 in one year and $29,300

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You have an opportunity to invest $109,000 now in return for $79,000 in one year and $29,300 in two years. If your cost of capital is 9.5%, what is the NPV of the investment?

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Fundamentals of Corporate Finance

ISBN: 978-0132148238

2nd edition

Authors: Berk, DeMarzo, Harford

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Posted Date: Dec 02, 2022 03:04 AM

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You have an opportunity to invest $109,000 now in return for $79,000 in one year and $29,300

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Expert Answer:

NPV R 1 i R 1i 79000 1095 ... View the full answer

Fundamentals of Corporate Finance

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