Question
ou are scheduled to receive a $520 cash flow in one year, a $1,020 cash flow in two years, and pay a $820 payment in
ou are scheduled to receive a $520 cash flow in one year, a $1,020 cash flow in two years, and pay a $820 payment in three years. Interest rates are 8 percent per year. What is the combined present value of these cash flows? (Do not round intermediate calculations. Round your final answer to 2 decimal places.)
Combined present value of cash flows=
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Fundamentals Of Corporate Finance
Authors: Richard A. Brealey, Marcus, Alan J, Myers, Stewart C.
2nd Edition
0070074860, 9780070074866
