Present value at year 3 is ? 35,190 by using CE Approach. CE Factor is 0.75. Risk
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Question:
Present value at year 3 is ? 35,190 by using CE Approach. CE Factor is 0.75. Risk free rate is 7%. Cost of capital is 11%. What is the cash flow of year 3?
(A) $ 57,500
(B) $ 55,500
(C) $ 52,500
(D) $ 56,500
Expert Answer:
Related Book For 
Intermediate Financial Management
ISBN: 978-1285850030
12th edition
Authors: Eugene F. Brigham, Phillip R. Daves
Posted Date:
