Asset End of year Amount Appropriate Required Return E 1 $2,000 14%   2 $3,000     3 $5,000     4 $7,000     5 $4,000     6 $1,000

Essentials Of Investments
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ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
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Asset

End of year

Amount

Appropriate Required Return

E

1

$2,000

14%

 

2

$3,000

 

 

3

$5,000

 

 

4

$7,000

 

 

5

$4,000

 

 

6

$1,000

 

Cash Flow

By using cell references to the given data and the function NPV, calculate the value of asset E

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