You learn that an investor has unexpectedly decided to make the following GIFT to your venture: At
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Question:
You learn that an investor has unexpectedly decided to make the following GIFT to your venture:
At the end of five years (from today), you receive a $925,000 gift
Suppose the interest rate that applies to your investments is 4%.
You include the present value of the gift in a presentation of your financials. How do you represent its value in your presentation?
Related Book For
Introduction to Corporate Finance What Companies Do
ISBN: 978-1111222284
3rd edition
Authors: John Graham, Scott Smart
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