Question
You are offered an investment that will pay you $150 at the end of year three , $250 at the end of year four ,
You are offered an investment that will pay you $150 at the end of year three, $250 at the end of year four, and $800 at the end of year eight. What is the total present value of these three cash flows if the discount rate is 7%?
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Fundamentals Of Financial Management
Authors: James C. Van Horne
10th Edition
0138596875, 9780138596873
