Question
An investment will produce a net cash flow of $10,000 in Year 1, $11,000 in Year 2 and $12,000 in Year 3. What is the
An investment will produce a net cash flow of $10,000 in Year 1, $11,000 in Year 2 and $12,000 in Year 3. What is the present value of the total cash flows if the discount rate is 12%?
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A. $26,239
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B. $17,234
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C. $13,998
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D. $23,778
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Active Value Investing Making Money In Range Bound Markets
Authors: Vitaliy N. Katsenelson
1st Edition
0470053151, 978-0470053157
