Consider the following expected cash inflows and outflows: Year 1 $ 2,000 out and $...
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Accounting
- Consider the following expected cash inflows and outflows:
Year 1 $ 2,000 out and $ 0 in
Year 2 $ 200 out and $ 50 in
Year 3 $ 500 out and $ 4,000 in
Year 4 $ 2,500 out and $ 2,400 in
Required: Calculate the Net Present at the beginning of year 1, of the cumulative flow of cash over these 4 years, assuming the amounts shown above for each year, are to be received (with certainty) at the end of each of those years, and assuming a discount rate of 5 % is appropriate.
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