Question
What is the Net Present Value of the following cash flow stream? Year Cash Flow 0 -$1,121 1 $945 2 $603 3 $307 4 $131
What is the Net Present Value of the following cash flow stream?
| Year | Cash Flow |
| 0 | -$1,121 |
| 1 | $945 |
| 2 | $603 |
| 3 | $307 |
| 4 | $131 |
Assume an interest rate of 8%
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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Financial Markets And Institutions An Introduction To Risk Management Approach
Authors: Anthony Saunders, Marcia Cornett
3rd Edition
0073250937, 9780073250939
