Question
What is the Net Present Value of the following cash flow stream? Year Cash Flow 0 -$489 1 $363 2 $192 3 $161 4 $256
What is the Net Present Value of the following cash flow stream?
| Year | Cash Flow |
| 0 | -$489 |
| 1 | $363 |
| 2 | $192 |
| 3 | $161 |
| 4 | $256 |
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.
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Intermediate Financial Management
Authors: Eugene BrighamPhillip Daves
1st Edition
0324594712, 9780324594713
