Day traders in the stock market make investments, sometimes several in one day and/or several days...
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Day traders in the stock market make investments, sometimes several in one day and/or several days per week. They are often well informed with multiple sources of information on their screens and various triggers informing them of buy/sell recommendations. Over the course of the past five years, one such part-time trader has the following net cash flow profile (gains minus losses) and a personal minimum attractive rate of return equal to 12%. End of Year Cash Flow Part a 0 0 $ 1 2 3 4 What is the trader's present worth of these cash flows at the end of year O? Click here to access the TVM Factor Table Calculator. $210,000 $80,000 $140,000 $30,000 $170,000 5 Part a X Your answer is incorrect. What is the trader's present worth of these cash flows at the end of year 0? Click here to access the TVM Factor Table Calculator. $ 230,672 Carry all interim calculations to 5 decimal places and then round your final answer to a whole number. The tolerance is ±5. Day traders in the stock market make investments, sometimes several in one day and/or several days per week. They are often well informed with multiple sources of information on their screens and various triggers informing them of buy/sell recommendations. Over the course of the past five years, one such part-time trader has the following net cash flow profile (gains minus losses) and a personal minimum attractive rate of return equal to 12%. End of Year Cash Flow Part a 0 0 $ 1 2 3 4 What is the trader's present worth of these cash flows at the end of year O? Click here to access the TVM Factor Table Calculator. $210,000 $80,000 $140,000 $30,000 $170,000 5 Part a X Your answer is incorrect. What is the trader's present worth of these cash flows at the end of year 0? Click here to access the TVM Factor Table Calculator. $ 230,672 Carry all interim calculations to 5 decimal places and then round your final answer to a whole number. The tolerance is ±5.
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Answer rating: 100% (QA)
Year Cash Flow 0 0 1 220000 2 100000 3 1400000 4 20000 5 160000 Rate of return i 9 9100 009 a presen... View the full answer
Related Book For
Fraud Examination
ISBN: 978-0324560848
3rd edition
Authors: W. Steve Albrecht, Conan C. Albrecht, Chad O. Albrecht, Mark F. Zimbelman
Posted Date:
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