Question
You are given three investment alternatives to analyze. The cash flows from these three investments as followed: End of the year A B C 1
You are given three investment alternatives to analyze. The cash flows from these three investments as followed:
| End of the year | A | B | C |
| 1 | $3,000 | $3,000 | 4,000 |
| 2 | 4,000 | 3,000 | 4,000 |
| 3 | 5,000 | 3,000 | (4,000) |
| 4 | (6,000) | 3,000 | (4,000) |
| 5 | 6,000 | 5,000 | 14,000 |
What is the present value of Investment A at an annual discount rate of 11 percent?
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MP Auditing And Assurance Services W/ACL Software CD ROM A Systematic Approach
Authors: William Messier Jr, Steven Glover, Douglas Prawitt
9th Edition
1259162346, 978-1259162343
