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What is the present worth of the following cash flows with interest rate 7% per year (Limitation: You cannot use P/F factors more than 3 times in your answer)? Time Year 1 Year 2 Year 3 Year 4 Year 5 Year 6 Year 7 Year 8 Year 9 1400 1100 800 500 500 500 500 500 500 %24

What is the present worth of the following cash flows with interest rate 7% per year (Limitation: You cannot use P/F factors more than 3 times in your answer)? Time Year 1 Year 2 Year 3 Year 4 Year 5 Year 6 Year 7 Year 8 Year 9 1400 1100 800 500 500 500 500 500 500 %24

Essentials Of Investments
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
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What is the present worth of the following cash flows with interest rate 7% per year (Limitation: You cannot use P/F factors more than 3 times in your answer)? Time Year 1 Year 2 Year 3 Year 4 Year 5 Year 6 Year 7 Year 8 Year 9 1400 1100 800 500 500 500 500 500 500 %24
Transcribed Image Text:What is the present worth of the following cash flows with interest rate 7% per year (Limitation: You cannot use P/F factors more than 3 times in your answer)? Time Year 1 Year 2 Year 3 Year 4 Year 5 Year 6 Year 7 Year 8 Year 9 1400 1100 800 500 500 500 500 500 500 %24
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