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Your storage firm has been offered $96,900 in one year to store some goods for one year. Assume your costs are $97,000, payab
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Answer #1

Since NPV is positive, Marian should take this opportunity

= 96,900*PVF(8.4%,1 year) – 97,000

= 96,900*0.9225 – 97,000

= -$7,608.86

Since NPV is negative, The contract SHOULD NOT be taken

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