4. Bernard Dumas will receive $10,000 three years from now. Bernard can earn 8 percent on his...

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4. Bernard Dumas will receive $10,000 three years from now. Bernard can earn 8 percent on his investments, and so the appropriate discount rate is 8 percent.

What is the present value of his future cash flow?

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Corporate Finance

ISBN: 9780071229036

6th International Edition

Authors: Stephen Ross, Randolph Westerfield, Jeffrey Jaffe

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Question Posted: Jul 26, 2024 02:00 AM

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4. Bernard Dumas will receive $10,000 three years from now. Bernard can earn 8 percent on his...

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Corporate Finance

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