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Rickos Rickos
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6 years ago
Ronald Slump purchased a real estate investment with the following end-of-year cash flows:

   Year   EOY Cash Flow
   1   $200
   2   $-350
   3   $-430
   4   $950

What is the present value of these cash flows if the appropriate discount rate is 20%?
A) $178
B) $160
C) $133
D) $767
Textbook 
Financial Management: Principles and Applications

Financial Management: Principles and Applications


Edition: 13th
Authors:
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vanrheevanrhee
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6 years ago
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Rickos Author
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#2
6 years ago
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