Question
General Motors Corporation has invested in a project which is expected to payback the following cash flows over the next four years. What is the
General Motors Corporation has invested in a project which is expected to payback the following cash
flows over the next four years. What is the present value of these cashflow if the discount rate is 15%?
| Year | Cashflow |
| 1 | $1256 |
| 2 | $1100 |
| 3 | $925 |
| 4 | $730 |
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Accounting Information For Decisions
Authors: Robert Ingram, Thomas L. Albright, Bruce A. Baldwin, John Hill
1st Edition
0538815388, 978-0538815383
