Question
Quantitative Problem: You own a security with the cash flows shown below. Periods 0 1 2 3 4 Cash flows 0 630 355 260 340
Quantitative Problem: You own a security with the cash flows shown below.
Periods 0 1 2 3 4 Cash flows
0 630 355 260 340
If you require an annual return of 10%, what is the present value of this cash flow stream? Do not round intermediate calculations. Round your answer to the nearest cent.
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Financial Analysis With Microsoft Excel
Authors: Timothy R. Mayes
9th Edition
0357442059, 9780357442050
