Question
What is the present value of this stream of future cash flows if the discount rate is 15%? Year 1 $0 Year 2 $0 Year
What is the present value of this stream of future cash flows if the discount rate is 15%?
Year 1 $0
Year 2 $0
Year 3 $0
Year 4 $0
Year 5 $12,000
Year 6 $12,000
Year 7 $12,000
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Get StartedRecommended Textbook for
Business Forecasting
Authors: John E. Hanke, Dean Wichern
9th edition
132301202, 978-0132301206
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