Woodstock Inc

question 21

Multiple Choice

Woodstock Inc. expects to own a building for five years, then sell it for $1,500,000 net of taxes, sales commissions and other selling costs. Woodstock's cost of capital is 11%. How much will the sale of the building contribute to the NPV of the project?

• A) $890,177
• B) $1,351,351
• C) $1,500,000
• D) $2,527,587

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Definitions:

Photoreceptors

Specialized cells in the retina of the eye that respond to light.

Iodopsin

A type of photopsin, which is a photoreceptor protein found in the cones of the retina that is responsible for color vision.

Lateral Geniculate

A relay center in the thalamus of the brain that is involved in the processing of visual information.

Optic Tract

Tract that extends from the optic chiasma to the lateral geniculate nucleus of the thalamus.