Question
The ABC Block Company anticipates receiving $38,000 per year in actual dollars from its investments (with no change) over the next 9 years, with the
"The ABC Block Company anticipates receiving $38,000 per year in actual dollars from its investments (with no change) over the next 9 years, with the first payment occurring exactly one year from now. If ABC's inflation-free MARR is 11% and the general inflation rate is 3.7%, what is the net present value of these 9 cash flows?"
Correct Answer: 180,632
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Financial ACCT2
Authors: Norman H. Godwin, C. Wayne Alderman
2nd edition
9781285632544, 1111530769, 1285632540, 978-1111530761
