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What is the present value of the following mixed cash flow stream if interest is 6% (rounded)? YEAR CAS H FLOW 1 $5,000 2 $8,000
What is the present value of the following mixed cash flow stream if interest is 6% (rounded)?
| YEAR | CASH FLOW |
| 1 | $5,000 |
| 2 | $8,000 |
| 3 | $9,500 |
| $25,370 |
| $19,813 |
| $18,750 |
| $21,225 |
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Beyond Greed And Fear Understanding Behavioral Finance And The Psychology Of Investing
Authors: Hersh Shefrin
1st Edition
0195161211, 978-0195161212
