Question
You are given an investment to analyze. The cash flows from this investment are End of year 1. $27,490 2. $1,440 3. $26,670 4. $9,660
You are given an investment to analyze. The cash flows from this investment are
End of year
1. $27,490
2. $1,440
3. $26,670
4. $9,660
5. $3,210
What is the present value of this investment if 15 percent per year is the appropriate discount rate? Round the answer by two decimal points
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Essentials Of Investments
Authors: Zvi Bodie, Alex Kane, Alan Marcus
11th Edition
1260288390, 978-1260288391
