Question
You will be receiving the following cashflows: $4,000 today, $4,000 in two years, and $4,000 in five years. If the appropriate discount rate is 10.0%,
You will be receiving the following cashflows: $4,000 today, $4,000 in two years, and $4,000 in five years. If the appropriate discount rate is 10.0%, what is the present value of this cashflow stream?
| a. $12,623 | ||
| b. $18,245 | ||
| c. $23,387 | ||
| d. $21,052 | ||
| e. $15,408 | ||
| f. $15,783 | ||
| g. $9,789 | ||
| h. $17,739 |
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Personal Finance
Authors: Jack Kapoor, Les Dlabay, Robert J. Hughes, Arshad Ahmad, Jordan Fortino
7th Canadian Edition
1259650650, 978-1259650659
