Damien offers you a sequence of end-of-year cash flows for an investment as follows: Year 1 2 3 4 Cash Flow $4,000 $3.000 $2,000 $1,000 What is the value of the cash flows if the opportunity cost is 6 percent? (Round to the nearest dollar). Please click on the following link to access a blank worksheet Click to open: :

Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
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Damien offers you a sequence of end-of-year cash flows for an investment as follows:
Year
1
2
3
4
4
What is the value of the cash flows if the opportunity cost is 6 percent? (Round to the nearest dollar). Please click on the
following link to access a blank worksheet Click to open::
O $8.392
$8.598
Cash Flow
$4,000
$3,000
$2,000
$1,000
$8.734
$8.915
Transcribed Image Text:Damien offers you a sequence of end-of-year cash flows for an investment as follows: Year 1 2 3 4 4 What is the value of the cash flows if the opportunity cost is 6 percent? (Round to the nearest dollar). Please click on the following link to access a blank worksheet Click to open:: O $8.392 $8.598 Cash Flow $4,000 $3,000 $2,000 $1,000 $8.734 $8.915
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