You are preparing to produce some goods for sale. You will sell them in one year and you will incur costs of $89,000 immediately. If your cost of capital is 6.9%​, what is the minimum dollar amount you need to sell the goods for in order for this to be a​ non-negative NPV?

Essentials Of Investments
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ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
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You are preparing to produce some goods for sale. You will sell them in one year and you will incur costs of $89,000 immediately. If your cost of capital is
6.9%​, what is the minimum dollar amount you need to sell the goods for in order for this to be a​ non-negative NPV?

​$______________
​(Round to the nearest​ dollar.)
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