What is the Net Present Value (NPV) and internal rate of return (IRR) of spending $10,000 today on graduate school when you earn $40,000/year today and will earn $42,000/year for the next 35 years after grad school. Assuming you could invest this money elsewhere and earn 10%?
What is the Net Present Value (NPV) and internal rate of return (IRR) of spending $10,000 today on graduate school when you earn $40,000/year today and will earn $42,000/year for the next 35 years after grad school. Assuming you could invest this money elsewhere and earn 10%?
Chapter5: The Time Value Of Money
Section: Chapter Questions
Problem 16P
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