describe the three most meaningful experiences you had while participating in the course discussions with your classmates and instructor
January 3, 2018
Complete Form 941 in accordance with the discussions in this chapter and the instructions on the form
January 3, 2018

Given a relevant discount rate on this asset of 12 percent per year, calculate the profit the firm will make on this asset.

Finance Basics

Consider a firm with a contract to sell an asset for $144,000 five years from now. The asset costs $80,000 to produce today. Given a relevant discount rate on this asset of 12 percent per year, calculate the profit the firm will make on this asset. At what rate does the firm just break even? (Negative amount should be indicated by a minus sign. Do not round intermediate calculations and round your final answer to 2 decimal places. (e.g., 32.16))

 

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