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Uneven Cash Flow Stream Find the present values of the following cash flow streams. The appropriate interest rate is 6%. Round your answers to the
Uneven Cash Flow Stream
- Find the present values of the following cash flow streams. The appropriate interest rate is 6%. Round your answers to the nearest cent. (Hint:It is fairly easy to work this problem dealing with the individual cash flows. However, if you have a financial calculator, read the section of the manual that describes how to enter cash flows such as the ones in this problem. This will take a little time, but the investment will pay huge dividends throughout the course. Note that, when working with the calculator's cash flow register, you must enter CF0= 0. Note also that it is quite easy to work the problem with Excel, using procedures described in theChapter 4 Tool Kit.)
- YearCash Stream ACash Stream B1$100$3002400400340040044004005300100
- Stream A $
- Stream B $
- What is the value of each cash flow stream at a 0% interest rate? Round your answers to the nearest cent.
- Stream A $
- Stream B $
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