Question
You will be receiving cash flows of: $1,000 today, $2,000 at end of year 1, $4,000 at end of year 3, and $6,000 at end
You will be receiving cash flows of: $1,000 today, $2,000 at end of year 1, $4,000 at end of year
3, and $6,000 at end of year 5. What is the present value of these cash flows at an interest rate of 7%?
A. $9,731.13
B. $10,412.27
C. $10,524.08
D. $11,524.91
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Multinational Business Finance
Authors: David K. Eiteman, Arthur I. Stonehill, Michael H. Moffett
16th Edition
013749601X, 978-0137496013
