A5. (Investment Criteria)
Corporate Financial Management (3rd Edition)
Emery, Douglas R., Finnerty, John D., & Stowe, John D. (2007)
Individual assignment: Text Problem Set IV:
Chapter 9, Problems
A5. (Investment criteria) Compute the NPV, IRR, and payback period for the following investment. The cost of capital is 10%.
YEAR 0 1 2 3
Cash flow -200,000 100,000 100,000 150,000
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