Question
Assume you have a cash flow stream with the following payments (at the end of each year): $50 at t = 1; $75 at t
Assume you have a cash flow stream with the following payments (at the end of each year): $50 at t = 1; $75 at t = 2; $40 at t = 3; and $40 at t = 4. Using an interest rate of 12%, what is the present value (PV) of this cash flow stream?
Group of answer choices
$150.23
$158.32
$169.00
$148.44
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Sports Finance And Management Real Estate Entertainment And The Remaking Of The Business
Authors: Jason A. Winfree, Mark S. Rosentraub, Brian M Mills
1st Edition
1439844712, 9781439844717
