It is the end of 2023. You (foolishly) played the lottery and won the following cash flows, to be paid at the end of each year: Year 2024 2025 2026 2027 2028 Cash flow 1,100 1,600 1,800 2,000 2,200 The appropriate interest rate is 13%. Now assume that the interest rate is 11%. What is the present value of all cash flows?
It is the end of 2023. You (foolishly) played the lottery and won the following cash flows, to be paid at the end of each year: Year 2024 2025 2026 2027 2028 Cash flow 1,100 1,600 1,800 2,000 2,200 The appropriate interest rate is 13%. Now assume that the interest rate is 11%. What is the present value of all cash flows?
Chapter11: Capital Budgeting Decisions
Section: Chapter Questions
Problem 8EA: You put $250 in the bank for S years at 12%. A. If interest is added at the end of the year, how...
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It is the end of 2023. You (foolishly) played the lottery and won the following cash flows, to be paid at the end of each year:
Year | 2024 | 2025 | 2026 | 2027 | 2028 |
Cash flow | 1,100 | 1,600 | 1,800 | 2,000 | 2,200 |
The appropriate interest rate is 13%.
Now assume that the interest rate is 11%. What is the present value of all cash flows?
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