Your storage firm has been offered $100,000 in one year to store some goods for one year

| March 30, 2017

Question
Your storage firm has been offered $100,000 in one year to store some goods for one year. Assume your costs are $97,000, payable immediately, and the cost of capital is 8.3%. Should you take the contract?

The NVP will be $…….(Round to the nearest cent)

Should you take the contract? Yes or No

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