Question
Consider the five annual cash flows below: Year 1: $4,000.00 Year 2: $4,000.00 Year 3: $4,000.00 Year 4: $4,000.00 Year 5: $104,000.00 Assuming an annual
Consider the five annual cash flows below:
Year 1: $4,000.00
Year 2: $4,000.00
Year 3: $4,000.00
Year 4: $4,000.00
Year 5: $104,000.00
| Assuming an annual interest rate of 5.000% APR, what are these cash flows worth today?
| |||||||||||
| What is the value of these cash flows upon receiving the last cash flow? | |||||||||||
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Understanding Futures Markets
Authors: Robert Kolb, James Overdahl
6th Edition
1405134038, 9781405134033
