Question
What is the Net Present Value for the following cash flow stream? Year Cash Flow 0 -$1,189 1 $272 2 $291 3 $199 4 $745
What is the Net Present Value for the following cash flow stream?
| Year | Cash Flow |
| 0 | -$1,189 |
| 1 | $272 |
| 2 | $291 |
| 3 | $199 |
| 4 | $745 |
| 5 | $988 |
Assume an interest rate of 4%
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.
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Enterprise Risk Management In Finance
Authors: David L. Olson, Desheng Dash Wu
1st Edition
1349691038, 978-1349691036
