Question
What is the sum of the present values of the following cash flows at 12 percent annual rate of return? (Hint: Calculate the PV of
What is the sum of the present values of the following cash flows at 12 percent annual rate of return? (Hint: Calculate the PV of each cash flow and add or subtract depending on the sign of the cash flow.)
Year 0 1 2 3 4 5
Cash Flow-750 450 350 150 125 -100
A.15.56
B.37.37
C.60.27
D.48.68
E.26.33
F.72.15
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Entrepreneurial Finance
Authors: J. Chris Leach, Ronald W. Melicher
6th edition
1305968352, 978-1337635653, 978-1305968356
