What is the present value of the following set of cash flows if the discount...

50.1K

Verified Solution

Question

Finance

image
What is the present value of the following set of cash flows if the discount rate is 16.2%? (the cash flows occur at the end of each period) (round answer to nearest penny and enter in the following format 12345.67) Year 0 cash flow = -1200 (a negative cash flow) Year 1 cash flow = 2500 Year 2 cash flow = 1700 Year 3 cash flow = 1200 Year 4 cash flow = 600

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students