Question
Using a discount rate of 5%, find the value today of the following stream of cash flows: $100 in one year, $200 in two years,
Using a discount rate of 5%, find the value today of the following stream of cash flows: $100 in one year, $200 in two years, $300 in three years, $400 in four years.
a $864.88 b $822.70 c $907.03 d $1000
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Financial Statement Analysis
Authors: Charles H. Gibson
13th International Edition
1133189407, 9781133189404
