FREE Trial
Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

please answer this asap thanks At a discount rate of 11.88% compounded weekly, the present value of the cash flow stream below is $8.446.7727. End

please answer this asap thanks image text in transcribed
At a discount rate of 11.88% compounded weekly, the present value of the cash flow stream below is $8.446.7727. End of Year 1 2 3 4 Cash Flow $1,370 ? $4.250 $3,350 What is the value of the Year 2 cash flow rounded to the nearest dollar? O $2,750 O $2.169 O-$461 O-$463

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image_2

Step: 3

blur-text-image_3

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Financial Institutions Management

Financial Institutions Management

Authors: Anthony Saunders

3rd Edition

007303259X, 978-0073032597

More Books

Students also viewed these Finance questions

Question

★★★★★
Which of the noncyclic isomers of bromochloropropene is (are) optically active?

Answered: 1 week ago

Question

★★★★★
Exercise 4 . 1 The Excel spreadsheet Exercise 4 . 1 FX model gives crosscurrency exchange rates among the currencies USD, EUR, GBP , AUD, and JPY . Use a linear programming model to detect if these...

Answered: 1 week ago

Question

★★★★★
5. If you are running out of time on an essay test, do not leave any questions blank. Briefly outline a few key points to show the instructor you knew the answer but needed more time.

Answered: 1 week ago

Question

★★★★★
Machine A has been completely overhauled for$9000 and is expected to last another 12 years. The $9000 was treated as an expense for tax purposes last year. Machine A can be sold now for $30,000 net...

Answered: 1 week ago

Question

★★★★★
Consider the following 3 cStack class that uses an array to store the items in the stack. The "top" item on the stack is always stored at index 0 . Note: This is different from the stack...

Answered: 1 week ago

Question

★★★★★
Funtime, Inc., manufactures video game machines. Market saturation and technological innovations caused pricing pressures that resulted in declining profits. To stem the slide in profits until new...

Answered: 1 week ago

Question

★★★★★
John just set up his IRA and will contribute $4,000 at the beginning of each year. He expects the mutual fund he chose for his IRA to earn an annual return of 11.1% per year, compounded annually. In...

Answered: 1 week ago

Question

★★★★★
A bicycle company is exploring which of the two following methods they should use to provide bicycle rack to its customers. A . making the rack on their own with intial cost ( fixed cost ) of 20000...

Answered: 1 week ago

Question

★★★★★
Capacity Management (Fall 2022) RCC currently has 15 coachers, including 10 champion coaches (e.g., ones won champion and/or hold master titles) who can teach all level classes: elementary,...

Answered: 1 week ago

Question

★★★★★
Describe the problem of medical errors in our delivery system. Evaluate the effectiveness of selected programs aimed at reducing medical errors in the U.S. healthcare system. Discuss one or more of...

Answered: 1 week ago

Question

★★★★★
HRA must be adopted in the organization: 1. A firm's balance sheet and profit and loss account cannot provide a fair picture of its operations unless all assets and assets, especially human...

Answered: 1 week ago

Question

★★★★★
1.Using the chart below, calculate the standard labor cost for the department assuming that cooks earn 500/hour, servers and cashiers earn 450/hour, and bussers and dishwashers earn 400/hour. You are...

Answered: 1 week ago

Question

★★★★★
(Appendices) James, age 28, was laid off by an auto manufacturer when the firm began retooling to produce a new model car. He knows he will be called back to work when the model changeover is...

Answered: 1 week ago

Question

★★★★★
(Appendices) What are sales allowances? How do sales allowances differ from sales discounts? LO22

Answered: 1 week ago

Question

★★★★★
(Appendices) One of the most critical problems in unemployment compensation at the present time is the inadequate financing of benefits, which caused the majority of states to deplete their trust...

Answered: 1 week ago

Previous Question Next Question