24) What is the present value of the following set of cash flows, discounted at 10.3% per year? Year 1 3 4 5 $12 $22 $32 $42 $52 CF A. $100.30 B. $105.76 C. $111.74 D. $113.04
24) What is the present value of the following set of cash flows, discounted at 10.3% per year? Year 1 3 4 5 $12 $22 $32 $42 $52 CF A. $100.30 B. $105.76 C. $111.74 D. $113.04
Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
Section: Chapter Questions
Problem 1PS
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![24) What is the present value of the following set of cash flows, discounted at 10.3% per year?
Year
1
2
3
4
CF
$12
$22
$32
$42
$52
A. $100.30
B. $105.76
C. $111.74
D. $113.04](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2Fbd38895c-085d-4d83-a631-bef48db3c611%2F15f316b0-13ec-4080-b660-45dfd75ca900%2Fczrxh8f_processed.png&w=3840&q=75)
Transcribed Image Text:24) What is the present value of the following set of cash flows, discounted at 10.3% per year?
Year
1
2
3
4
CF
$12
$22
$32
$42
$52
A. $100.30
B. $105.76
C. $111.74
D. $113.04
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