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For each requirement, change the values of the given information as shown and keep all other original data the same. Then enter your updated
For each requirement, change the values of the given information as shown and keep all other original data the same. Then enter your updated final answers for each scenario. Scenario A: Future value to be received Future date received $10,000 2 years Interest Rate 7% 11% 17% Scenario B: Annual Cash Receipt Number of Years $5,000 5 years Interest Rate 7% 11% 17% Required: a. A company is expecting to receive a lump sum of money at a future date from now. Using the PV formula in Excel, what is the Present Value of that money at three different rates? (Round your answers to 2 decimal places.) Interest Rate 7% Present Value 11% 17% b. A company is expecting to receive a stream of year-end annual cash payments over multiple years. Using the PV formula in Excel, what is the Present Value of that money at three different interest rates? (Round your answers to 2 decimal places.) Interest Rate Present Value 7% 11% 17%
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