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Calculate the present value of a future cash flow for IBM. Use the following data: Future Cash Flow: $100,000 Discount Rate: 6% Time Period: 4
- Calculate the present value of a future cash flow for IBM.
- Use the following data:
- Future Cash Flow: $100,000
- Discount Rate: 6%
- Time Period: 4 years
Question:
Using the given data, calculate the present value of the future cash flow for IBM. Show your calculations.
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Horngrens Accounting
Authors: Tracie L. Miller Nobles, Brenda L. Mattison, Ella Mae Matsumura
11th edition
978-0133851151, 013385115X, 978-0133866889
