Question
Investment X offers to pay you $CF per year for eight years, starting one year from now, in return for your investment today (PV
Investment X offers to pay you $CF per year for eight years, starting one year from now, in return for your investment today (PV or CFO) of $35,788. What is $CF if the interest rate for this project (r) is 7%?
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Fundamentals of corporate finance
Authors: Stephen Ross, Randolph Westerfield, Bradford Jordan
9th edition
978-0077459451, 77459458, 978-1259027628, 1259027627, 978-0073382395
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