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John Houston has invested in a fund that will provide him a cash flow of $8,633 for the next 14 years. If his opportunity
John Houston has invested in a fund that will provide him a cash flow of $8,633 for the next 14 years. If his opportunity cost is 8 percent, what is the present value of this cash flow stream? Round to the nearest two decimals if needed. Do not type the $ symbol. Click on the arrow next to the file below. Next, create a new sheet in the Respondus LockDown Browser spreadsheet. You can use this blank spreadsheet to calculate the answer. Blank Spreadsheet.xlsx
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