Multiple Choice
What is the net present value of a project that requires a $100 investment today and returns $50 at the end of the first year and $80 at the end of the second year? Assume a discount rate of 10%.
A) $10.52
B) $11.57
C) $18.18
D) $30.00
Correct Answer:
Verified
Correct Answer:
Verified
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