nswer the following questions on the Scantron Sheet provided $-$ Return both exam document and Scantron heet when complete. Note: Exam will not be graded unless both documents are returned.

In a discounted cash flow analysis, property value is evaluated using

a$.$ After$-$tax cash flows

b$.$ Pre$-$tax cash flows

c$.$ Post$-$tax cash flows

d$.$ None of these

You should always choose the project that generates the highest NPV$.$

a$.$ True

b$.$ False

What tells you how much net value the investment is expected to create?

a$.$ Net Present Value

b$.$ Net Present Leverage

c$.$ Net Future Value

d$.$ Gordon Growth Model

What is the formula for calculating the present value of the year $3$ cash flow where the discount rate is constant?

a$.FV**(1+r{)}^3$

b$.F\frac{V}{(1+r)+(1+r)+(1+r)}$

c$.C\frac{F}{(1+r{)}^{**}(1+r{)}^{**}(1+r)}$

d$.C\frac{F}{(1+r{)}^1{?}^{**}(1+r{)}^2{?}^{**}(1+r{)}^3}$