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If an investors required rate of return is 9.6%, what is the present value of the following cash flows: $7,000 at end of year one,
- If an investors required rate of return is 9.6%, what is the present value of the following cash flows: $7,000 at end of year one, $11,000 at end of year two, $15,000 at end of year three, and $22,000 at the end of year four?
| a. | $46,234.40 | |
| b. | $41,111.83 | |
| c. | $49,720.00 | |
| d. | $42,184.67 |
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Financial Reporting Financial Statement Analysis And Valuation A Strategic Perspective
Authors: James M. Wahlen, Stephen P. Baginski, Mark Bradshaw
8th Edition
1285190904, 978-1305176348, 1305176340, 978-1285190907
