
Essentials of Economics 7th Edition by Gregory Mankiw
النسخة 7الرقم المعياري الدولي: 978-1285165950
Essentials of Economics 7th Edition by Gregory Mankiw
النسخة 7الرقم المعياري الدولي: 978-1285165950 تمرين 1
A company has an investment project that would cost $10 million today and yield a payoff of $15 million in 4 years.
a. Should the firm undertake the project if the interest rate is 11 percent? 10 percent? 9 percent? 8 percent?
b. Can you figure out the exact cutoff for the interest rate between profitability and nonprofitability?
a. Should the firm undertake the project if the interest rate is 11 percent? 10 percent? 9 percent? 8 percent?
b. Can you figure out the exact cutoff for the interest rate between profitability and nonprofitability?
التوضيح
(a)
The future value of an investment p...
Essentials of Economics 7th Edition by Gregory Mankiw
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