A company is considering investing in a project that is expected to return $430,000 three years from
A company is considering investing in a project that is expected to return $430,000 three years from now.
How much is the company willing to pay for this investment if the company requires a 12% return? (PV of $1, FV of $1, PVA of $1, and FVA of $1)
Answer options:
$349,413
$221,330
$430,000
$139,255
$306,074