I'm having difficulties solving this problem, Can you guys help me ? It is accounting i know it is not science or anything like that. Thank you guys...
Consider a firm with a contract to sell an asset for $149,000 four years from now. The asset costs $85,000 to produce today. Given a relevant discount rate on this asset of 14 percent per year, calculate the profit the firm will make on this asset.


Firm's profit(loss):?
At what rate does the firm just break even?
Break-even interest ? answer in percentage