What is the present value of the following cash flow stream at a rate of 17%? $8,442 $7,304 $9,485 $8,821 O $11,762 Years: CFS: 0 $0 1 $1,500 2 $3,000 3 $4,500 4 $6,000
What is the present value of the following cash flow stream at a rate of 17%? $8,442 $7,304 $9,485 $8,821 O $11,762 Years: CFS: 0 $0 1 $1,500 2 $3,000 3 $4,500 4 $6,000
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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What is the present value of the following cash flow stream at a rate of 17%?
$8,442
$7,304
$9.485
$8,821
$11,762
Years:
CFS:
0
$0
1
$1,500
2
$3,000
3
$4,500
4
$6,000
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