Question: QUESTION When computing net present value of the following project, how would the present value of the cash flow in year 1 be computed, assuming
QUESTION
When computing net present value of the following project, how would the present value of the cash flow in year 1 be computed, assuming a discount rate of 12%?
Year | Cash Flow |
1 | $300 |
2 | $500 |
3 | $800 |
4 | $1,100 |
5 | $1,500 |
ANSWER
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