... $100 into $106 .54 of immediate consumption. Because of theinvestment, G has $114 next year to pay off the loan. The investment’s NPV is 106 .54 Ϫ 100 ϭϩ6.54. Brealey−Meyers: Principles of Corporate ... 95,650 Ϫ 100 ,000 ϭϪ$4,350PV ϭ 110, 0001.15ϭ $95,650 Expected return ϭexpected profitinvestmentϭ 110 Ϫ 95.6595.65ϭ .15, or 15% Brealey−Meyers: Principles of Corporate Finance, Seventh Edition I. ... and Ethics: The Case of Salomon Broth-ers,” Journal of Applied Corporate Finance 5 (Summer 1992), pp. 23–28. Brealey−Meyers: Principles of Corporate Finance, Seventh Edition I. Value 2. Present...