Two payments of 60,000 are received from a 100,000 investment. The first payment is made after one
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Two payments of 60,000 are received from a 100,000 investment. The first payment is made after one year and the second after three years. What is the net present value of the investment at a 10% discount rate?
Related Book For
Intermediate Accounting
ISBN: 978-0077400163
6th edition
Authors: J. David Spiceland, James Sepe, Mark Nelson
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