Question
Sea Masters Co. has identified an investment project with the following cash flows for the next 5 years. If the discount rate is 12.5 percent,
Sea Masters Co. has identified an investment project with the following cash flows for the next 5 years. If the discount rate is 12.5 percent, the present value of these cash flows is $__________. Round it to two decimal places without the $ sign, e.g., 23456.34
Year Cash Flows 1 $21,000 2 35,000 3 33,000 4 50,000 5 80,000
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Financial Management For Public, Health, And Not-for-Profit Organizations
Authors: Steven A. Finkler, Daniel L. Smith, Thad D. Calabrese, Robert M. Purtell
6th Edition
150639681X, 978-1506396811
