Suppose you wanted to establish a project to produce orange juice which will require $12,000 initial investment and an additional investment of $3,500 in the third year in the expansion year, the plant will shut down and therefore produce no output The expected cash-flows are $4278 and $3200 in the first and second years and $5,000 and $7,750 in the forth and fifth years. what is the payback period

It is estimated that over 100,000 students will apply to the top 30 m.b.a. programs in the united states this year. a. using the concept of net present value and opportunity cost, when is it rational for an individual to pursue an m.b.a. degree. b. what would you expect to happen to the number of applicants if the starting salaries of managers with m.b.a. degrees remained constant but salaries of managers without such degrees decreased by 20 percent