The present value (PV) of an investment with the following year-end cash flows (CF) and a 12%
Question:
The present value (PV) of an investment with the following year-end cash flows (CF)
and a 12% required annual rate of return is closest to:
Year Cash Flow (€)
1 100,000 2 150,000 5 –10,000 A. €201,747.
B. €203,191.
C. €227,573.
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