Question
What is the Net Present Value for the following cash flow stream? Year Cash Flow 0 -$1,437 1 $832 2 $1,570 3 $321 4 $897
What is the Net Present Value for the following cash flow stream?
| Year | Cash Flow |
| 0 | -$1,437 |
| 1 | $832 |
| 2 | $1,570 |
| 3 | $321 |
| 4 | $897 |
| 5 | $406 |
Assume an interest rate of 13%
Note: Enter your answer rounded off to two decimal points. Do not enter $ or comma in the answer box. If your answer is negative, enter your answer as a negative number rounded off to two decimal points.
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started
Managerial Accounting for Managers
Authors: Eric Noreen, Peter Brewer, Ray Garrison
4th edition
1259578542, 978-1259578540
