(b) A firm considers investing £100 million in a risky project. A bank offers to lend the firm £100 million at an intere
Posted: Sun May 29, 2022 6:06 pm
(b) A firm considers investing £100 million in a risky project. A bank offers to lend the firm £100 million at an interest rate of 4%. The appropriate discount rate for the NPV calculation is thus 4%. (8 marks)