Given the following information, a required return of 8%, an initial investment of $45,000, and cash flows of $12,000, 20,000, 10,000, and $6,000 for years 1 through 4 respectively. Should the investment be done?
Given the following information, a required return of 8%, an initial investment of $45,000, and cash flows of $12,000, 20,000, 10,000, and $6,000 for years 1 through 4 respectively. Should the investment be done?