Business Analytics, Loose-leaf Edition (3rd Edition)
Business Analytics, Loose-leaf Edition (3rd Edition)
3rd Edition
ISBN: 9780135231692
Author: James R. Evans
Publisher: PEARSON
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Chapter A1, Problem 8PE

A pharmaceutical manufacturer has projected net profits for a new drug that is being released to the market over the next five years:

Chapter A1, Problem 8PE, A pharmaceutical manufacturer has projected net profits for a new drug that is being released to the

A fixed cost of $ 80 , 000 , 000 has been incurred for research and development (in year 0 ). Use a spread-sheet to find the net present value of these cash flows for a discount rate of 3 % .

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