Question
You are scheduled to receive a $450 cash flow in one year, a $750 cash flow in two years, and pay a $350 payment in
You are scheduled to receive a $450 cash flow in one year, a $750 cash flow in two years, and pay a $350 payment in three years. If interest rates are 10 percent per year, what is the combined present value of these cash flows?
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Investment Analysis and Portfolio Management
Authors: Frank K. Reilly, Keith C. Brown, Sanford J. Leeds
11th Edition
1305262999, 1305262997, 035726164X, 978-1305262997
