Question: 1.Find the net present value, rounded to the nearest penny, of the cash flows below, assuming the discount rate is 23%. Year Cash Flow 0

1.Find the net present value, rounded to the nearest penny, of the cash flows below, assuming the discount rate is 23%.

Year Cash Flow
0 -695
1 349
2 230
3 363

2.

Find the net present value, rounded to the nearest penny, of the cash flows below, assuming the discount rate is 20%.

Year Cash Flow
0 -673
1 326
2 444
3 487

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Finance Questions!