Question
What is the present value of an investment with the following cash flows? Year 1 $14,000 Year 2 $20, 000 Year 3 $30,000 Year 4.
What is the present value of an investment with the following cash flows?
Year 1 $14,000
Year 2 $20, 000
Year 3 $30,000
Year 4. $ 43,000
Year 5. $ 57,000
Use a 7% discount rate, and round your answer to the nearest $1.
a. $128, 487
b. $107, 328
c. $112, 346
d. $ 153, 272
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Derivatives And Internal Models
Authors: Hans Peter Deutsch, Mark W. Beinker
5th Edition
3030229017, 9783030229016
