Question
Find the present value of the following quarterly cash flow stream if the interest rate is 10 per cent compounded quarterly. 0 1 2 3
Find the present value of the following quarterly cash flow stream if the interest rate is 10 per cent compounded quarterly.
| 0 | 1 | 2 | 3 | 4 | 5 | 6 | 7 |
| $(575) | $100 | $300 | $500 | $200 | $100 | $500 | $500 |
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Modern Auditing And Assurance Services
Authors: Philomena Leung, Paul Coram, Barry J. Cooper, Peter Richardson
5th Edition
1742168450, 978-1742168456
