Question
What is the present value of the following set of cash flows if the discount rate is 11.5%? Year 0 1 2 3 4 Cash
What is the present value of the following set of cash flows if the discount rate is 11.5%?
Year 0 1 2 3 4
Cash Flow -5,000 900 0 3,500 2,500
Select one:
a.
-$50.44
b.
-$16.98
c.
$16.81
d.
$268.37
e.
None of the above.
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Public Finance In Canada
Authors: Harvey Rosen, Beverly George Dahlby, Roger Smith, Jean-Francois Wen, Tracy Snoddon
3rd Canadian Edition
0070951659, 978-0070951655
