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Zetterberg Builders is given two options for making payments on a brush hog. Find the value of X such that they would be indiffer between
Zetterberg Builders is given two options for making payments on a brush hog. Find the value of X such that they would be indiffer between the two cash flow profiles if their TVOM is 18.5% per year compounded yearly. End of Year Series 1 Series 2 2 3 5 Value of X: $ $225 $0 $275 $0 $325 $35X $375 $25X $0 $15X $0 $5X Carry all interim calculations to 5 decimal places and then round your final answer to the nearest dollar. The tolerance is 14.
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