Listen the firm's opportunity cost of funds is 8%, then what is the present value of the project, to the firm, to the nearest dollar? $

Principles of Economics 2e
2nd Edition
ISBN:9781947172364
Author:Steven A. Greenlaw; David Shapiro
Publisher:Steven A. Greenlaw; David Shapiro
Chapter7: Production, Costs, And Industry Structure
Section: Chapter Questions
Problem 39P: A firm is considering an investment that will earn a 6 rate of return. If it were to borrow the...
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Listen
the firm's opportunity cost of funds is 8%, then what is the present value of the
project, to the firm, to the nearest dollar? $
Transcribed Image Text:Listen the firm's opportunity cost of funds is 8%, then what is the present value of the project, to the firm, to the nearest dollar? $
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