Question
A project with the required rate of return of 8% provides annual cash flows of $6,000 during the years 1 - 3, nothing during the
A project with the required rate of return of 8% provides annual cash flows of $6,000 during the years 1 - 3, nothing during the years 4 5 and $5,550 during the years 6 -7. What is the present value of this project?
A. $25,806.33
B. $22,971.52
C. $22,198.40
D. $27,352.59
E. $29,156.56
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Bond Markets Analysis And Strategies
Authors: Frank J.Fabozzi
7th Edition
0136078974, 978-0136078975
