Wainright Co. has identified an investment project with the following cash flows. Year Cash Flow 1 $ 720 2 930 3 1,190 4 1,275 If the discount rate is 10 percent, what is the present value of these cash flows? What is the present value at 18 percent? What is the present value at 24 percent?
Wainright Co. has identified an investment project with the following cash flows. Year Cash Flow 1 $ 720 2 930 3 1,190 4 1,275 If the discount rate is 10 percent, what is the present value of these cash flows? What is the present value at 18 percent? What is the present value at 24 percent?
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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Wainright Co. has identified an investment project with the following cash flows. |
Year | Cash Flow | |||||
1 | $ | 720 | ||||
2 | 930 | |||||
3 | 1,190 | |||||
4 | 1,275 | |||||
If the discount rate is 10 percent, what is the |
What is the present value at 18 percent?
What is the present value at 24 percent?
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