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A project costs $264.91 and subsequent cash flows for dates 1 through 3 are $36.60, $56.88, and $51.91, respectively. If there is only one more cash flow at date 4, and the project's internal rate of return is 7.75%, what is the amount of the date 4 cash flow? Round your final answer to 2 decimal places and leave out the "$" sign.

A project costs $264.91 and subsequent cash flows for dates 1 through 3 are $36.60, $56.88, and $51.91, respectively. If there is only one more cash flow at date 4, and the project's internal rate of return is 7.75%, what is the amount of the date 4 cash flow? Round your final answer to 2 decimal places and leave out the "$" sign.

FINANCIAL ACCOUNTING
FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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A project costs

$264.91

and subsequent cash flows for dates 1 through 3 are

$36.60

,

$56.88

, and

$51.91

, respectively. If there is only one more cash flow at date 4 , and the project's internal rate of return is

7.75%

, what is the amount of the date 4 cash flow? Round your final answer to 2 decimal places and leave out the "$" sign.

 
A project costs $264.91 and subsequent cash flows for dates 1 through 3 are $36.60, $56.88, and $51.91, respectively. If there is only one more cash flow at date 4, and the project's internal rate of return is 7.75%, what is the amount of the date 4 cash flow? Round your final answer to 2 decimal places. and leave out the "$" sign. mail com mate names Mammen
Transcribed Image Text:A project costs $264.91 and subsequent cash flows for dates 1 through 3 are $36.60, $56.88, and $51.91, respectively. If there is only one more cash flow at date 4, and the project's internal rate of return is 7.75%, what is the amount of the date 4 cash flow? Round your final answer to 2 decimal places. and leave out the "$" sign. mail com mate names Mammen
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