Question
End of Year A B C 1 $2,000 $3,000 $6,000 2 3,000 3,000 6,000 3 4,000 3,000 (6,000) 4 -5,000 3,000 (6,000) 5 5,000 6,000
End of Year A B C
1 $2,000 $3,000 $6,000
2 3,000 3,000 6,000
3 4,000 3,000 (6,000)
4 -5,000 3,000 (6,000)
5 5,000 6,000 16,000
6-1 (Present value of an uneven stream of payments) You are given three investment alternatives to analyze. The cash flows from these three investments are asfollows:
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International Financial Management
Authors: Geert Bekaert, Robert J. Hodrick
2nd edition
013299755X, 132162768, 9780132997553, 978-0132162760
