Question
A stream of cash flows begins with $1500 in one year and increases by $1500 per year until the end of year 4. If the
A stream of cash flows begins with $1500 in one year and increases by $1500 per year until the end of year 4. If the appropriate discount rate of 12%, what is the present value of these cash flows?
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Personal Finance
Authors: Jack Kapoor, Les Dlabay, Robert Hughes
4th Edition
0256147175, 978-0256147179
