Question
Betty just signed a contract that will provide her firm with cash inflows of $58,000 today, $97,000 at the end of year 2, and $128,000
Betty just signed a contract that will provide her firm with cash inflows of $58,000 today, $97,000 at the end of year 2, and $128,000 at the end of year 4. What is the contract worth today at a discount rate of 7%?
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Fundamentals of Financial Management
Authors: Eugene F. Brigham, Joel F. Houston
11th edition
324422870, 324422873, 978-0324302691
