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What is the present value of the following cash flow stream at a rate of 6.0%? Years: 0 1 2 3 4 CFs: $0 $1,500
What is the present value of the following cash flow stream at a rate of 6.0%?
| Years: | 0 | 1 | 2 | 3 | 4 | |
| CFs: | $0 | $1,500 | $3,000 | $4,500 | $6,000 |
| a. | $13,878 | |
| b. | $12,616 | |
| c. | $12,490 | |
| d. | $14,256 | |
| e. | $11,480 |
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Investments An Introduction
Authors: Herbert B Mayo
9th Edition
324561385, 978-0324561388
