Question
You have been offered an investment opportunity that will pay you $6,000 per year for 6 years. What is the value of this stream of
You have been offered an investment opportunity that will pay you $6,000 per year for 6 years. What is the value of this stream of cash flows at the end of year 6, if you receive payments at the END of each year and you require a return of 7%? What if you receive payments at the BEGINNING of each year?
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Get StartedRecommended Textbook for
Finance for Non Financial Managers
Authors: Pierre Bergeron
7th edition
176530835, 978-0176530839
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