Question
Youaregiven thatthepresentvalueof thecash flowsshownin thetablebelowis$45,000.Whatis the amountof themissingcash flow,given a discount rate of 6percent? End of Year Cash Flow 1 $15,000 2 $15,000 3 ?????
Youaregiven thatthepresentvalueof thecash flowsshownin thetablebelowis$45,000.Whatis the amountof themissingcash flow,given a discount rate of 6percent?
End of Year
Cash Flow
1
$15,000
2
$15,000
3
?????
4
$15,000
A.$11,309
B.$6,691
C.$7,643
D.$8,700
E.$0
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Practical Financial Management
Authors: William R. Lasher
8th edition
1305637542, 978-1305887237, 1305887239, 978-1305637542
