单选题 Tapley Acquisition, Inc., is considering the purchase of Tangent Company. The acquisition would require an initial investment of $190000, but Tapley's after-tax net cash flows would increase by $ 30000 per year and remain at this new level forever. Assume a cost of capital of 15 percent. Should Tapley buy Tangent? A. No, because k > IRR. B. Yes, because the NPV =$10000. C. Yes, because the NPV = $ 30000.
【正确答案】 B
【答案解析】This is perpetuity. PV=PMT/I=30000/0.15=200000. 200000-190000=10000