Question
You have received the following cash flows: Rs. 1,000 at the end of year 1, Rs. 2,500 at the end of year 2, and Rs.
You have received the following cash flows:
Rs. 1,000 at the end of year 1,
Rs. 2,500 at the end of year 2, and
Rs. 3,500 at the end of year 3.
If the discount rate is 6%, what is the future value of these cash flows at the end of year 3?
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Fundamentals of Corporate Finance
Authors: Richard Brealey, Stewart Myers, Alan Marcus
8th edition
77861620, 978-0077861629
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