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Business, 24.09.2019 04:00 Galaxystyx

Consider a firm with a contract to sell an asset for $151,000 four years from now. the asset costs $96,000 to produce today. a. given a relevant discount rate on this asset of 13 percent per year, calculate the profit (or loss) the firm will make on this asset. (a loss should be indicated by a minus sign. do not round intermediate calculations and round your answer to 2 decimal places, e. g., 32.16.) b. at what rate does the firm just break even? (do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e. g., 32.16.)

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