Ms.Card bought an investment that will generate the following cash flows over a three-year period.Use Appendix A.
If Ms.Card's marginal tax rate over the three year period is 40% and she uses a 6% discount rate,compute the NPV of the transaction.
A) $94,129
B) $84,964
C) $62,373
D) None of the above.
Correct Answer:
Verified
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