A project costs $880 today, yields $150 / year for three years and $400 for two years. Then there is an expense of $50 at the end of the project. The interest rate is 6% per annum. Should you take this project?
A project costs $880 today, yields $150 / year for three years and $400 for two years. Then there is an expense of $50 at the end of the project. The interest rate is 6% per annum. Should you take this project?
Chapter9: Capital Budgeting Techniques
Section: Chapter Questions
Problem 11PROB
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A project costs $880 today, yields $150 / year for three years and $400 for two years. Then there is an expense of $50 at the end of the project. The interest rate is 6% per annum. Should you take this project?
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