Question
Flaherty is considering an investment that, if paid for immediately, is expected to return $140,000 five years from now. If Flaherty demands a 9% return,
| Flaherty is considering an investment that, if paid for immediately, is expected to return $140,000 five years from now. If Flaherty demands a 9% return, how much is she willing to pay for this investment? (Use Table B.1) (Round "PV Factor" to 4 decimal places. Round your answer to the nearest dollar amount. Omit the "$" sign in your response.) |
| Amount willing to pay today | $ |
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Cost And Management Audit
Authors: Dr Veena Soni
1st Edition
6202551992, 978-6202551991
