Essentials Of Investments
11th Edition
ISBN: 9781260013924
Author: Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher: Mcgraw-hill Education,
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You invest in a project is expected to generate fixed annual cashflows for 4 years beginning in 3 years from today. If the discount rate is 2.5% and the project has a price of $6k today, then what are the fixed annual cashflows? (Round to the nearest cent).
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