Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Can you please show me the formula for this problem their are other similar problems but when i did the same problem the different ways

Can you please show me the formula for this problem their are other similar problems but when i did the same problem the different ways i got different answers so i don't know which of my answers is wrong. Can you please break down the formula and show me how it is to be done.

Your firm has been working on an advanced technology. This technology will be available in the near term. The firm anticipates the first annual cash flow from the technology to be $190275, received three years from today. Subsequent annual cash flows will grow at 3.46% in perpetuity.

What is the present value of the technology if the discount rate is 11.13%?

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

More Books

Students also viewed these Finance questions

Question

Define plant location.

Answered: 1 week ago

Question

Formal Education explain?

Answered: 1 week ago

Question

Non formal Education explain?

Answered: 1 week ago