Kizspy | Question: 32 (Choose 1 answer)
John is considering opening his own business. He estimates that the initial cost to set up his business is $4,000. He plans to keep the business for the next three years and expects the business to generate the net cash flows of $900, $1,500, and $2,900 for the next three years. If he wants to get 10% return, should he open the new business?
A. Yes, John should open the business.
B. No, John should not open the business.
