(Answered) A restaurant is for sale for 200000 it is estimated that

Management Studies

A restaurant is for sale for $200,000. It is estimated that the restaurant will earn $20,000 a year for the next 15 years. At the end of 15 years, it is estimated that the restaurant will sell for $350,000. if the investor's required rate of return is 15 percent should the project be accept or rejected

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