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Assume that the interest rate is 11.0% per year and you expect to receive the following stream of annual cash flows (The year 0 cash
"Assume that the interest rate is 11.0% per year and you expect to receive the following stream of annual cash flows (The year 0 cash flow occurs today and the year 4 cash flow occurs exactly 4 years from today): (Year 0: $17,700); (Year 1: $14,500); (Year 2: $16,300); (Year 3: $21,200); (Year 4: $33,600); What is the current Present Value (PV0) of the stream of cash flows?"
"$73,538 " | ||
"$78,112 " | ||
"$83,260 " | ||
"$83,967 " | ||
"$81,627 " | ||
"$103,300 " |
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