What is the PV of these cash flows assuming an interest

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
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Question 23
You just invested in Ford stock and expect to receive dividend payments of the following in each of
the next 4 years: $544 $315 $327 $265 What is the PV of these cash flows assuming an interest
rate of 6.64%
O $1,677.61
O $1,360.65
O $1.261.67
O $1,056.76
O $1,335.48.
Transcribed Image Text:ces s & rces D Question 23 You just invested in Ford stock and expect to receive dividend payments of the following in each of the next 4 years: $544 $315 $327 $265 What is the PV of these cash flows assuming an interest rate of 6.64% O $1,677.61 O $1,360.65 O $1.261.67 O $1,056.76 O $1,335.48.
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