A company expects to generate cash revenues of $20,000 over the next five years. Calculate the present

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A company expects to generate cash revenues of $20,000 over the next five years. Calculate the present value of the earnings using the table below if there is a 10% interest rate.

Present Value of an Annuity of $1 at Compound Interest

Year 10% 12% 15%

1 0.909 0.893 0.870

2 1.736 1.690 1.626

3 2.487 2.402 2.283

4 3.170 3.037 2.855

5 3.791 3.605 3.353

6 4.355 4.111 3.785

7 4.868 4.564 4.160

8 5.335 4.968 4.487

9 5.759 5.328 4.772

10 6.145 5.650 5.019

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Fundamentals Of Corporate Finance

ISBN: 9780135811603

5th Edition

Authors: Jonathan Berk, Peter DeMarzo, Jarrad Harford

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Posted Date: Apr 26, 2023 11:58 PM

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A company expects to generate cash revenues of $20,000 over the next five years. Calculate the present

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Fundamentals Of Corporate Finance

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