Oriole Company will receive $ 403000 in 7 years. If the appropriate interest rate is 11%, the present value of the $ 403000 receipt is $ 193440. $ 836692. $ 596440. $ 194109.
Oriole Company will receive $ 403000 in 7 years. If the appropriate interest rate is 11%, the present value of the $ 403000 receipt is $ 193440. $ 836692. $ 596440. $ 194109.
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Oriole Company will receive $ 403000 in 7 years. If the appropriate interest rate is 11%, the present value of the $ 403000 receipt is
- $ 193440.
- $ 836692.
- $ 596440.
- $ 194109.
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