Question
A 4-year project has the following cash flows: I = $1; C 1 = +$8; C 2 = $6; C 3 = +$1; C 4
A 4-year project has the following cash flows: I = $1; C1 = +$8; C2 = $6; C3 = +$1; C4 = $9. Use the triangle method to compute the bottom row; i.e., the row below the horizontal line. What is the sum of all the numbers in the bottom row? Give the answer as an integer.
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Fundamentals Of Corporate Finance
Authors: Robert Parrino, David S. Kidwell, Thomas W. Bates
5th Edition
1119795435, 978-1119795438
