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The selected answer (decrease to 2020.80) is NOT CORRECT, plz help. Use the following information to answer questions 24 and 25: Investment A pays $300
The selected answer (decrease to 2020.80) is NOT CORRECT, plz help.
Use the following information to answer questions 24 and 25: Investment A pays $300 at the end of year 1, 2, and 3; Investment A then pays $400 at the end of year 4 and 5, and then has a final cash flow at the end of year 6 of $500. If you increase the discount rate to 19% then the present value of this cash flow stream... Decreases to $1,185.13 . Decreases to $919.99 Increases to $2,146.38 Decreases to $2,020.88
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