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You are given the following cash flows. What is the present value (t = 0) if the discount rate is 12 percent? Year ; CF
You are given the following cash flows. What is the present value (t = 0) if the discount rate is 12 percent?
Year ; CF
Year 0 ; $0
Year 1 ; $1
Year 2 ; $2,000
Year 3 ; $2,000
Year 4 ; $2,000
Year 5 ; $0
Year 6 ; $-2,000
$3,277 | ||
$4,804 | ||
$5,302 | ||
$4,289 | ||
$2,804 |
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