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What is the present value of the following cash flow stream at a rate of 11%? Years: 0 1 2 3 4 5 6 7
What is the present value of the following cash flow stream at a rate of 11%?
Years: | 0 | 1 | 2 | 3 | 4 | 5 | 6 | 7 |
CFs: | -$12,750 | $2,450 | $3,175 | $4,400 | $4,500 | $4,500 | $4,500 | $9,500 |
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