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Question 3: PLease, write the answer in Word format with Formulae written. John has won a lucky draw. He is deciding whether to receive the
Question 3:
PLease, write the answer in Word format with Formulae written.
- John has won a lucky draw. He is deciding whether to receive the prize money of 30,000 today or the following set of cash flows over the next three years with benefit of 10% interest. Advise what is beneficial for John.
Year Cash flow
1 11000
2 12100
3 13310
36410
- What is cash flow analysis? Why is it important to prepare a cash flow statement for an organization?
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Financial Management For Decision Makers
Authors: Peter Atrill
8th Edition
129213433X, 978-1292134338
