Business, 19.07.2019 01:00 williamsa24mr238org
You are making a $120,000 investment and feel that a 20 percent rate of return is reasonable given the nature of the risks involved. you feel you will receive $48,000 in the first year, $54,000 in the second year, and $56,000 in the third year. you expect to pay out $12,000 as an additional investment in the fourth year. what is the net present value of this investment given your expectations?
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