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Potvin Potvin
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7 years ago
Suzanne has identified a project with the following cash flows. What is the present value of the cash flows at time 0 if the interest rate is 9%?

Year   Cash Flow
1   $2,000
2   $650
3   $375
4   $1,200

A) $3,521.63
B) $3,230.86
C) $3,838.58
D) $4,225.00
E) $3,488.90
Textbook 
Corporate Finance Online

Corporate Finance Online


Edition: 1st
Authors:
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BlimpBlimp
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7 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
7 years ago
Smiling Face with Open Mouth wow
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