Mr schild wants to become a professor he expects it will


Mr Schild wants to become a professor. He expects it will cost him $150,000 to spend a year looking for a good job. He expects to earn $21,000 during each of his first two years. Then, he will earn $65,000 per year for the next 3 years. Assume each of the cash flows comes at the end of the year. After that, he will be so fed up with the job he will quit. His current WACC is 12%. What is the NPV of this project?

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Financial Management: Mr schild wants to become a professor he expects it will
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