A friend offers to give you 10 payments of 1500 at annual
A friend offers to give you 10 payments of $1,500 at annual time periods zero through 10 except year three if you give him $13,500 at year three. What is the NPV of this opportunity if i=20%?
A) -891.13
B) -979.26
C) -609.12
D) -546.73
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