Question
An asset is projected to generate 7 annual cash flows of $12,000 starting 7 years from today and a final one-time cash flow of $12,000
An asset is projected to generate 7 annual cash flows of $12,000 starting 7 years from today and a final one-time cash flow of $12,000 in 26 years from today. If the appropriate discount rate is 4.6%, how much is this asset worth today? Round to the nearest dollar.
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The Oxford Handbook Of Computational Economics And Finance
Authors: Shu-Heng Chen, Mak Kaboudan, Ye-Rong Du
1st Edition
0199844372, 978-0199844371
