An investment of 100000 promises returns of 40000 per year
Question - An investment of $100,000 promises returns of $40,000 per year for each of the next three years. If taxes are ignored and the required rate of return is 14%, what is the net present value of the project?
$92,864
$20,000
($7,136)
($19,000)
Now Priced at $20 (50% Discount)
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