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Tricord Ltd is expecting to invest cash flows of $1 175 227, $754 321, $1 162 092, $818 400, $1 239 644 and $1 617
Tricord Ltd is expecting to invest cash flows of $1 175 227, $754 321, $1 162 092, $818 400, $1 239 644 and $1 617 848 in research and development over the next 6 years. If the appropriate interest rate is 8.17 per cent per annum, what is the future value of these investment cash flows?
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