Question
A firm is considering an investment with the following expected cash flows in constant dollars over the next 3 years. If its interest rate is
A firm is considering an investment with the following expected cash flows in constant dollars over the next 3 years. If its interest rate is 15% and the expected general inflation rate is 2% during this project period, determine the equivalent present worth of this project at year 0.
| Year | 0 | 1 | 2 | 3 |
| Cash flows | -30,000 | 15,000 | 15,000 | 15,000 |
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Bitcoin Technical Innovations From The Trenches
Authors: Sjors Provoost
1st Edition
9090360425, 978-9090360423
