Chapter 5 Homework i Saved 2 Christie, Incorporated, has identified an investment project with the following cash flows. 10 points 01:13:15 eBook Year Cash Flow 1 $ 960 2 1,190 3 4 1,410 2,150 a. If the discount rate is 9 percent, what is the future value of these cash flows in Year 4? Note: Do not round intermediate calculations and round your answer to 2 decimal pla b. What is the future value at an interest rate of 12 percent? Note: Do not round intermediate calculations and round your answer to 2 decimal pl c. What is the future value at an interest rate of 23 percent? Note: Do not round intermediate calculations and round your answer to 2 decimal pl
Chapter 5 Homework i Saved 2 Christie, Incorporated, has identified an investment project with the following cash flows. 10 points 01:13:15 eBook Year Cash Flow 1 $ 960 2 1,190 3 4 1,410 2,150 a. If the discount rate is 9 percent, what is the future value of these cash flows in Year 4? Note: Do not round intermediate calculations and round your answer to 2 decimal pla b. What is the future value at an interest rate of 12 percent? Note: Do not round intermediate calculations and round your answer to 2 decimal pl c. What is the future value at an interest rate of 23 percent? Note: Do not round intermediate calculations and round your answer to 2 decimal pl
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
Question
None

Transcribed Image Text:Chapter 5 Homework i
Saved
2
Christie, Incorporated, has identified an investment project with the following cash flows.
10
points
01:13:15
eBook
Year
Cash Flow
1
$ 960
2
1,190
3
4
1,410
2,150
a. If the discount rate is 9 percent, what is the future value of these cash flows in Year 4?
Note: Do not round intermediate calculations and round your answer to 2 decimal pla
b. What is the future value at an interest rate of 12 percent?
Note: Do not round intermediate calculations and round your answer to 2 decimal pl
c. What is the future value at an interest rate of 23 percent?
Note: Do not round intermediate calculations and round your answer to 2 decimal pl
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