Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

I calculated the net present value as 750.56. However, 750.76 was wrong. Then, I tried 750 and 751. Both of them are wrong. Please help

image text in transcribedimage text in transcribedI calculated the net present value as 750.56. However, 750.76 was wrong. Then, I tried 750 and 751. Both of them are wrong. Please help me calculate the correct net present value of cash flow at time 0.

20.00% 0 4 8 Effective annual rate: Discount rate Quarters, NOT YEARS Periodic cash flows at the end of each QUARTER You may not need all lines below Discount rate per QUARTER: r 1 100.00 2 100.00 3 100.00 5 100.00 6 100.00 7 100.00 9 100.00 10 100.00 11 100.00 12 100.00 Net present value of these cash flows at time o 4.66 Discount rate per quarter. Enter 2.56% as 2.56 Net present value of these cash flows at time 0

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image_2

Step: 3

blur-text-image_3

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Money, Markets And Capital The Case For A Monetary Analysis

Authors: Jean Cartelier

1st Edition

0815355777, 9780815355779

More Books

Students also viewed these Accounting questions