What is the present value of her royalty income if the opportunity cost is 12 percent?
A. $120,000
B. $ 67,800
C. $ 38,640
D. None of the above.
Answer:B
What is the present value of her royalty income if the opportunity cost is 12 percent?
A. $120,000 B. $ 67,800 C. $ 38,640 D. None of the above.