Question
An investment project delivers a cash flow of 50K per year for the first 5 years and then 20K forever. If the interest rate is
An investment project delivers a cash flow of 50K per year for the first 5 years and then 20K forever. If the interest rate is 12%, what is the present value of the projects cash flow?
| A. | $274,809.95 | |
| B. | $85667.27 | |
| C. | $185,153.02 | |
| D. | $205,376.12 |
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Personal Finance
Authors: Megan Noel, Dan French
2nd Edition
1465246479, 9781465246479
