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Your firm is investing in a project. Because of the project, the firm will receive cash flows of $10,000 at the end of years 5, 6, 7, 8, 9, and 10. Using a 12% discount rate, what is the present value of this cash flow stream? a) $41,114 b) $26,129 c) $8,602 d) $29,264 e) $23,329 Your firm is investing in a project. Because of the project, the firm will receive cash flows of $10,000 at the end of years 5, 6, 7, 8, 9, and 10. Using a 12% discount rate, what is the present value of this cash flow stream? a) $41,114 b) $26,129 c) $8,602 d) $29,264 e) $23,329
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Related Book For
Fundamentals of Financial Management
ISBN: 978-1337395250
15th edition
Authors: Eugene F. Brigham, Joel F. Houston
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