Examlex

Solved

You Are Making a $120,000 Investment and Feel That a 20

question 87

Multiple Choice

You are making a $120,000 investment and feel that a 20 percent rate of return is reasonable given the nature of the risks involved.You feel you will receive $48,000 in the first year,$54,000 in the second year,and $56,000 in the third year.You expect to pay out $12,000 as an additional investment in the fourth year.What is the net present value of this investment given your expectations?


Definitions:

Related Questions