Question
you are going to buy yourself a new car, you know you need to invest the rest of your inheritance. You are looking at an
you are going to buy yourself a new car, you know you need to invest the rest of your inheritance. You are looking at an investment with the following timeline and cash flow. Including the initial outlay, what is the present value of this investment assuming a 15.5% interest rate? Show your work.
CF0 (6,200)
CF1 1,700
CF2 2,200
CF3 2,450
CF4 2,900
CF5 4,100
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Financial Management In The Sport Industry
Authors: Matthew T Brown, Daniel Rascher, Mark S Nagel, Chad Mcevoy
1st Edition
1934432040, 978-1934432044
