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QUESTION 13 What is the Net Future Value (Terminal Value) of the following set of cash flows at 10% rate? (Hint: To calculate terminal values,

QUESTION 13

What is the Net Future Value (Terminal Value) of the following set of cash flows at 10% rate? (Hint: To calculate terminal values, calculate the future value of all cash flows at the end of the project, and add them together, that is, NFV = FV of Cash Inflows FV of Cash Outflows) (Answers are rounded.)

Year

0

1

2

3

4

5

6

Cash Flow

-500

-$1,300

$1,300

-$1,300

$1,300

-$1,300

$1,300

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