Question
Q1. What is the present value of the following set of cash flows at an interest rate of 10% p.a. compounded annually? End of Year
Q1. What is the present value of the following set of cash flows at an interest rate of 10% p.a. compounded annually?
End of Year 1 $5 100
End of Year 2 $2 300
End of Year 3 $1 150
A $7 401.20
B $8 550.00
C $7 104.20
D $4 701.60
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Fundamentals of Investment Management
Authors: Geoffrey Hirt, Stanley Block
10th edition
0078034620, 978-0078034626
