Question
Project anticipates net cash flows of $10,000 at end of year 1 and it is expected to grow at 5percent rate of inflation for the
Project anticipates net cash flows of $10,000 at end of year 1 and it is expected to grow at 5percent rate of inflation for the next 4 years. calculate the real present value of this five - year cash stream if the firm employs a nominal discount rate of 15 percent.
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Multinational Business Finance
Authors: David K. Eiteman, Arthur I. Stonehill, Michael H. Moffett
15th edition
134796551, 134796550, 978-0134796550
