years ago, you graduated from a university and after five months you landed a job...
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Finance
years ago, you graduated from a university and after five months you landed a job with Boeing as a financial manager. You are being asked to help with capital budgeting. The first project you are asked to evaluate is one that costs 20 million dollars today and will return 1 million dollars at the end of each year for 30 yrs starting one year from now. You are told to use a discount rate of 15% compounded annually.
A. What is the net present value of the project
B. Should you invest in this project ( yes or no)
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