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You are presented with an investment opportunity that will give you the following stream of cash flows: nothing for the next { n 1 }
You are presented with an investment opportunity that will give you the following stream of cash flows: nothing for the next n years; starting at the following year, an amount of $ per year until year ; and after that year, an amount of $ per year until year If your required rate of return APR is compounded annually, what is the present value today of these cash flows?
Round to the nearest $ but do not use the $ sign. Enter as a positive number. Do not use commas to separate thousands. For example if you obtain $ then enter ; if you obtain $ then enter
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