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DEVRY FIN 515 Week 3 Problem Set
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FIN 515 Week 3 Problem Set
Chapter 7 (pages 225–228):
1. Your brother wants to borrow $10,000 from you. He has offered to pay you back $12,000 in a year. If the cost of capital of this investment opportunity is 10%, what is its NPV? Should you undertake the investment opportunity? Calculate the IRR a More
