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Business, 17.12.2019 03:31 atlantahead7011

The owner of a hair salon spends $1,000,000 to renovate its premises, estimating that this will increase her cash flow by $220,000 per year. she constructs the above graph, which shows the net present value (npv) as a function of the discount rate. at what dollar value should the npv profile cross the vertical axis? a) $1,000,000b) $780,000c) cannot be determined because inadequate information is given. d) the vertical axis crossing point cannot be calculated since the cash inflows are in perpetuity

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