Question
Corporate Finance Question: An investment pays you $30,000 at the end of this year, and $10,000 at the end of each of the four following
Corporate Finance Question:
An investment pays you $30,000 at the end of this year, and $10,000 at the end of each of the
four following years. What is the present value (PV) of this investment, given that the interest
rate is 5% per year?
The answer is $79,228. How do you go about calculating that - both on paper and on a BA II Plus financial calculator?
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Mergers, Acquisitions and Other Restructuring Activities
Authors: Donald DePamphilis
8th edition
9780128024539, 128013907, 978-0128013908
