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It is the end of 2023. You (foolishly) played the lottery and won the following cash flows, to be paid at the end of
It is the end of 2023. You (foolishly) played the lottery and won the following cash flows, to be paid at the end of each year: Year 2024 2025 2026 2027 2028 Cash flow 1,200 1,600 1,800 2,000 2,200 The appropriate interest rate is 13%. Part 1 What is the sum of present values? B Attempt 1/10 for 1.5 pts. Part 2 Now assume that the interest rate is 11%. What is the present value of all cash flows? 0+ decimals Submit Part 3 Now assume that the interest rate is 17%. What is the present value of all cash flows? 0+ decimals B Attempt 1/10 for 1.5 pts. Submit B Attempt 1/10 for 1.5 pts. ner ions race umbe
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Intermediate Accounting IFRS
Authors: Donald E. Kieso, Jerry J. Weygandt, Terry D. Warfield
3rd edition
1119372933, 978-1119372936
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