Question
Say I am given the following cash flow information. The appropriate discount rate is 7 percent for Years 1-5 and 5 percent for Years 6-10.
Say I am given the following cash flow information. The appropriate discount rate is 7 percent for Years 1-5 and 5 percent for Years 6-10. Payments are received at the end of each year.
Year Amount 1-5 $60,000 6-10 $70,000
What is the present value of the income stream above?
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Investing In Financial Research A Decision Making System For Better Results
Authors: Cheryl Strauss Einhorn, Tony Blair
1st Edition
1501732757, 9781501732751
