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Day traders in the stock market make investments, sometimes several in one day and/or several days per week. They are often well informed with
Day traders in the stock market make investments, sometimes several in one day and/or several days per week. They are often well informed with multiple sources of information on their screens and various triggers informing them of buy/sell recommendations. Over the course of the past five years, one such part-time trader has the following net cash flow profile (gains minus losses) and a personal minimum attractive rate of return equal to 9%. End of Year 0 1 2 3 4 5 Cash Flow 0 $220,000 $100,000 $160,000 $140,000 $20,000 Part a Your Answer Correct Answer Your answer is correct. What is the trader's present worth of these cash flows at the end of year 0? Click here to access the TVM Factor Table Calculator. 267718 Carry all interim calculations to 5 decimal places and then round your final answer to a whole number. The tolerance is 15. eTextbook and Media Hint Part b What is the trader's future worth of these cash flows at the end of year 5? Click here to access the TVM Factor Table Calculator. $ Attempts: 3 of 3 used Carry all interim calculations to 5 decimal places and then round your final answer to a whole number. The tolerance is +15. eTextbook and Media Save for Later Attempts: 0 of 3 used Submit Answer
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