What is the present value of $3,000 to be received 2 years from now, if the discount rate is: (a) 6%, (b) 10%, and (c) 13% ? 1. Use the appropriate table (Appendix C: Table 1) to answer the above questions. 2. Use the formula shown at the bottom of Appendix C. Table 1, to answer the above questions. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Use the formula shown at the bottom of Appendix C, Table 1, to answer the above questions, (Round "PV Factor to 5 decimal places and "PV values" to 2 decimal places.) Future after-tax cash flow Cash flow received at the end of year (a) (b) (c) Rate 6% Answer is complete but not entirely correct. 10% 13% PV Factor 089000$ 082645$ 0.78315 S PV < Required 1 7,553 3 18,406 2,669.99 2,479.34 2,349 44
What is the present value of $3,000 to be received 2 years from now, if the discount rate is: (a) 6%, (b) 10%, and (c) 13% ? 1. Use the appropriate table (Appendix C: Table 1) to answer the above questions. 2. Use the formula shown at the bottom of Appendix C. Table 1, to answer the above questions. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Use the formula shown at the bottom of Appendix C, Table 1, to answer the above questions, (Round "PV Factor to 5 decimal places and "PV values" to 2 decimal places.) Future after-tax cash flow Cash flow received at the end of year (a) (b) (c) Rate 6% Answer is complete but not entirely correct. 10% 13% PV Factor 089000$ 082645$ 0.78315 S PV < Required 1 7,553 3 18,406 2,669.99 2,479.34 2,349 44
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:What is the present value of $3,000 to be received 2 years from now, if the discount rate is: (a) 6%, (b) 10%, and (c) 13% ?
1. Use the appropriate table (Appendix C: Table 1) to answer the above questions.
2. Use the formula shown at the bottom of Appendix C. Table 1, to answer the above questions.
Complete this question by entering your answers in the tabs below.
Required 1 Required 2
Use the formula shown at the bottom of Appendix C, Table 1, to answer the above questions, (Round "PV Factor" to 5 decimal
places and "PV values" to 2 decimal places.)
Future after-tax cash Bow
Cash flow received at the end of year
(a)
(b)
[(0)
Answer is complete but not entirely correct.
Rate
6%
10%
13%
PV Factor
0.89000 $
0.82645 $
0.78315 S
PV
< Required 1
7,553
18,406
2,669.99
2,479.34
2,349 44
**
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