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solina solina
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7 years ago
What is the present value of the following uneven stream of cash flows? Assume a 6% discount rate and end-of-period payments. Round to the nearest whole dollar.

   Year   Cash Flow
   1   $3,000
   2   $4,000
   3   $5,000

A) $10,588
B) $11,461
C) $12,688
D) $13,591
Textbook 
Financial Management: Principles and Applications

Financial Management: Principles and Applications


Edition: 13th
Authors:
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Heavy Heart Thank you bio-forums! Heavy Heart
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David_hessDavid_hess
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7 years ago
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solina Author
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#2
7 years ago
Really appreciate the assistance, very kind of you!
Heavy Heart Thank you bio-forums! Heavy Heart
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