This preview shows pages 1–3. Sign up to view the full content.
This preview has intentionally blurred sections. Sign up to view the full version.View Full Document
Unformatted text preview: Disocount rate 15% Output area: NPV of going to market now $17,850,000.00 NPV of market research $18,043,478.26 The company should use the market research since this option has the highest NPV. Chapter 9 Question 10 Input area: Stock retu 55.20% Average i 4.20% Average T 5.10% Output area: a. Average real return 48.94% b. Average nominal risk premiu 50.10%...
View Full Document
- Fall '09
- Corporate Finance