Business
Business, 01.04.2021 20:20, moneywiz2

North Plains Biofuels (NBP) has negotiated a contract with an oil firm to sell 150,000 barrels of ethanol per year, for 10 years beginning in end of year (EOY) 4. The oil firm will pay NBP $10M annually beginning from EOY0 to EOY3 and then $110 per barrel. If NBP uses an interest rate of 15%, which method should be used to produce the biofuels

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North Plains Biofuels (NBP) has negotiated a contract with an oil firm to sell 150,000 barrels of et...

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