Consider a firm with a contract to sell an asset for $138,000 five years from now. the asset costs $74,000 to produce today. given a relevant discount rate on this asset of 12 percent per year, calculate the profit the firm will make on this asset.
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Home » Business » Consider a firm with a contract to sell an asset for $138,000 five years from now. the asset costs $74,000 to produce today. given a relevant discount rate on this asset of 12 percent per year, calculate the profit the firm will make on this asset.