What is the present value of a stream of $800 cash payments, each to be made at the end of the next four years, with 10% annual compounding interest rate? Group of answer choices $4,084.08 $3,712.80 $2,789.48 $2,535.89
What is the present value of a stream of $800 cash payments, each to be made at the end of the next four years, with 10% annual compounding interest rate? Group of answer choices $4,084.08 $3,712.80 $2,789.48 $2,535.89
Chapter7: Types And Costs Of Financial Capital
Section: Chapter Questions
Problem 8EP
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Question
What is the present value of a stream of $800 cash payments, each to be made at the end of the next four years, with 10% annual
Group of answer choices
$4,084.08
$3,712.80
$2,789.48
$2,535.89
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