Question
s5. Royam Corp. is expecting the following cash flows in the next five years: Year Cash flow 2021 700,000 2022 650,000 2023 840,000 2024 930,000
s5. Royam Corp. is expecting the following cash flows in the next five years:
Year Cash flow
2021 700,000
2022 650,000
2023 840,000
2024 930,000
2025 910,000
After 2025, annual cash flows are expected to growth at a rate of 2%. If the appropriate discount rate is 17%, what is the present value of Royams future cash flows using the discounted cash flow model?
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Accounting, Representation And Responsibility
Authors: Niels Joseph Lennon
1st Edition
0367540436, 9780367540432
