Study Guide for Microeconomics
Study Guide for Microeconomics
9th Edition
ISBN: 9780134741123
Author: Robert Pindyck, Daniel Rubinfeld
Publisher: PEARSON
Question
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Chapter 15, Problem 12E

(a)

To determine

Net present value when the interest rate is 3%.

(b)

To determine

Net present value when the interest rate is 17%.

(c)

To determine

Interest rate.

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