Business, 26.08.2021 22:40 crismelycalderon1904
Park Co. is considering an investment that requires immediate payment of $27,215 and provides expected cash inflows of $8,400 annually for four years. Assume Park Co. requires a 8% return on its investments.
a. What is the net present value of this investment?
b. Based on NPV alone, should Park Co. invest?
Answers: 3
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