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Potvin Potvin
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8 years ago
Assume that you will receive $2,000 a year in Years 1 through 5, $3,000 a year in Years 6 through 8, and $4,000 in Year 9, with all cash flows to be received at the end of the year. If you require a 14 percent rate of return, what is the present value of these cash flows? (Round to the nearest whole dollar)
A) $9,851   
B) $13,250   
C) $11,714   
D) $15,129   
E) $17,353
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Corporate Finance Online

Corporate Finance Online


Edition: 1st
Authors:
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BlimpBlimp
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8 years ago
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Pol. Sci. Major
Minoring in Business
Columbia University Sophomore

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Potvin Author
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#2
8 years ago
You're incredible, ty
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