Find the present value of the given cash flow per quarter with 12% per year. PV 10K 10K 10K 1 2 3 4 10K SK SK 5 6 15K 15K 15K 15K 40K 7 8 9 10 11 12 13 201 Semi-annual 20K ***** 14 15 8

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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5. Find the present value of the given cash flow per quarter with 12% per year.
PV
10K 10K 10K
10K SK SK
15K 15K 15K 15K
1 2 3 4 5 6 7 8 9 10 11 12
40K
20K
Semi-annual
20K
*****
13. 14 15
8
Transcribed Image Text:5. Find the present value of the given cash flow per quarter with 12% per year. PV 10K 10K 10K 10K SK SK 15K 15K 15K 15K 1 2 3 4 5 6 7 8 9 10 11 12 40K 20K Semi-annual 20K ***** 13. 14 15 8
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