You have an opportunity to invest $49,600 now in return for $59,300 in one year....
50.1K
Verified Solution
Link Copied!
Question
Finance
You have an opportunity to invest $49,600 now in return for $59,300 in one year. If your cost of capital is 8.2%, what is the NPV of this investment? The NPV will be $(Round to the nearest cent)
Answer & Explanation
Solved by verified expert
Get Answers to Unlimited Questions
Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!
Membership Benefits:
Unlimited Question Access with detailed Answers
Zin AI - 3 Million Words
10 Dall-E 3 Images
20 Plot Generations
Conversation with Dialogue Memory
No Ads, Ever!
Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
