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billyhilly billyhilly
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4 years ago
A farmer sows a certain crop. It costs $250,000 to buy the seed, prepare the ground, and sow the crop. In one year's time it will cost $110,000 to harvest the crop. If the crop will be worth $380,000, and the interest rate is 8%, what is the net present value (NPV) of this investment?

▸ -$220

▸ $0

▸ -$21,000

▸ $23,100
Textbook 
Fundamentals of Corporate Finance

Fundamentals of Corporate Finance


Edition: 2nd
Authors:
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Strategyboyz21Strategyboyz21
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4 years ago
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billyhilly Author
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4 years ago
Thanks
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