Question
Blossom Inc. management expects the following cash flow stream over the next five years. They discount all cash flows using a 17 percent discount rate.
Blossom Inc. management expects the following cash flow stream over the next five years. They discount all cash flows using a 17 percent discount rate. What is the present value of this cash flow stream?
| 1 | 2 | 3 | 4 | 5 | Year | |||||
| -$1,100,000 | -$970,000 | $270,000 | $870,000 | $1,800,000 | ||||||
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Spreadsheet Modeling And Decision Analysis A Practical Introduction To Business Analytics
Authors: Cliff Ragsdale
7th Edition
1285418689, 978-1285969701, 1285969707, 978-1285418681
