ANSWER

Current Attempt in Progress Skysong Enterprises is using a discounted cash flow model. Identify which model Skysong might use to estimate the discounted present value under each scenario, and calculate the present value using the present value tables: Scenario 1: Cash flows are fairly certain Scenario 2: Cash flows are uncertain $180/year for 5 years 75% probability that cash flows will be $180 in 5 years Risk-adjusted discount rate is 6% 25%% probability that cash flows will be $95 in 5 years Risk-free discount rate is 4% Risk-adjusted discount rate is 6% Risk-free discount rate is 4% (For calculation purposes, use 5 decimal places as displayed in the factor table provided. Round final answers to 2 decimal places, e.g. 5,275.25.) Click here to view the factor table PRESENT VALUE OF 1. Click here to view the factor table PRESENT VALUE OF AN ANNUITY OF 1. Scenario 1: Skysong might use model. Present value $ Scenario 2: Skysong might use V model. Present value $