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Assume the appropriate discount rate for the following cash flows is 8.8 percent. Year Cash Flow 1 $ 1,400 2 1,300 3 1,000 4 800
Assume the appropriate discount rate for the following cash flows is 8.8 percent.
| Year | Cash Flow | |
| 1 | $ | 1,400 |
| 2 | 1,300 | |
| 3 | 1,000 | |
| 4 | 800 | |
What is the present value of the cash flows?
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Fintech For Finance Professionals
Authors: David Kuo Chuen Lee, Joseph Lim, Kok Fai Phoon, Yu Wang
1st Edition
9811241864, 978-9811241864
