Friday, August 12, 2011

If the interest rate were 10 percent and an investment project was expected to yield net revenue of 5,000 per?

if the interest rate were 10 percent and an investment project was expected to yield net revenue of 5,000 per year (to be received at year-end) for each of the next three years, profit-maximzing decision-makers would undertake the investment only as long as its cost was less than

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