Ronnie invests $55,000 in a food truck (which has a lifespan of two years) , the net cash flows of the business are +$30,000 each year, for the next 2 years. The interest rate is 10%. The NPV of this investment is negative so she should invest. True or False

Ronnie invests $55,000 in a food truck (which has a lifespan of two years) , the net cash flows of the business are +$30,000 each year, for the next 2 years. The interest rate is 10%. The NPV of this investment is negative so she should invest. True or False

EBK CFIN

6th Edition

ISBN:9781337671743

Author:BESLEY

Publisher:BESLEY

Chapter4: Time Value Of Money

Section: Chapter Questions

Problem 25PROB

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