Professor wendy smith has been offered the following deal a, Ask an Expert

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Professor Wendy Smith has been offered the following deal: A law firm would like to retain her for an upfront payment of $60,000. In return, for the next year, the firm would have access to eight hours of her time every month. Smith's rate is $630 per hour, and her opportunity cost of capital is 17% (equivalent annual rate, EAR). What is the IRR (annual) What is the NPV?

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Financial Management, Finance

Category:- Financial Management
Reference No.:- M92364737

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