Present value For the case shown in the following table, calculate the present value of the cash flow, discounting at the rate given and assuming that the cash flow is received at the end of the period noted. (Click on the icon here in order to copy the contents of the data table below into a spreadsheet.) Single cash flow $7,000 The present value is $ (Round to the nearest cent.) Discount rate 12% End of period (years) 4
Present value For the case shown in the following table, calculate the present value of the cash flow, discounting at the rate given and assuming that the cash flow is received at the end of the period noted. (Click on the icon here in order to copy the contents of the data table below into a spreadsheet.) Single cash flow $7,000 The present value is $ (Round to the nearest cent.) Discount rate 12% End of period (years) 4
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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
Transcribed Image Text:Present value For the case shown in the following table, calculate the present value of the cash flow, discounting at the rate given and assuming that the cash flow is
received at the end of the period noted. (Click on the icon here in order to copy the contents of the data table below into a spreadsheet.)
Single cash flow
$7,000
The present value is $
(Round to the nearest cent.)
Discount rate
12%
End of period (years)
4
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