Own business and is considering an investment

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Marian Plunket owns her own business and is considering an investment. If she undertakes the? investment, it will pay $4,880 at the end of each of the next 33 years. The opportunity requires an initial investment of $1,220 plus an additional investment at the end of the second year of $6,100.

What is the NPV of this opportunity if the interest rate is 2.1% per? year? Should Marian take? it?

Reference no: EM131523490

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