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Macroeconomics 12th Edition by Rudiger Dornbusch ,Stanley Fischer,Richard Startz
Edition 12ISBN: 978-1259070969Macroeconomics 12th Edition by Rudiger Dornbusch ,Stanley Fischer,Richard Startz
Edition 12ISBN: 978-1259070969 Exercise 3
The cash flows for an investment project are listed below. The firm will invest if the present value of the cash flows is positive.
Should the firm undertake this project:
a. If the interest rate is 5 percent
b. If the interest rate is 10 percent
Should the firm undertake this project:
a. If the interest rate is 5 percent
b. If the interest rate is 10 percent
Explanation
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The present value of a project can be ca...
Macroeconomics 12th Edition by Rudiger Dornbusch ,Stanley Fischer,Richard Startz
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