Question
You are offered an investment today by your broker. This investment offers the following stream of cash flows: Year Cash Flows 1 25,000 2 30,000
You are offered an investment today by your broker. This investment offers the following stream of cash flows:
| Year | Cash Flows |
| 1 | 25,000 |
| 2 | 30,000 |
| 3 | 18,000 |
| 4 | 28,000 |
| 5 | 20,000 |
Required:
If you require a return of 8% for investments of this type of risk, how much should you pay for the investment today?
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Principles Of Sustainable Finance
Authors: Dirk Schoenmaker, Willem Schramade
1st Edition
0198826605, 978-0198826606
