Question
5. In the following case the mixed end of period cash flow stream has an annuity embedded within it. Calculate the present value of the
5. In the following case the mixed end of period cash flow stream has an annuity embedded within it. Calculate the present value of the cash flow stream, assuming a 10% discount rate.
Year | Cash Flow |
1 | $10,000 |
2 | $8,000 |
3 | $5,000 |
4 | $5,000 |
5 | $5,000 |
6 | $5,000 |
7 | $3,000 |
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