Question: Required information Applying Excel - Present Value [The following information applies to the questions displayed bolow] This Applying Excel worksheet includes an explanation of the

to the questions displayed bolow] This Applying Excel worksheet includes an explanation

Required information Applying Excel - Present Value [The following information applies to the questions displayed bolow] This Applying Excel worksheet includes an explanation of the Present Value (PV) formula. Applying Excel - Present Value: Exercise (Part 2 of 2) For each requirement, change the values of the given information as shown and keep all other original data the same. Then enter your updated final answers for each scenario. Required: a. A company is expecting to receive a lump sum of money at a future date from now. Using the PV formula in Excel, what is the Present Value of that money at three different rates? (Round your answers to 2 decimal places.) Answer is complete but not entirely correct. b. A company is expecting to recelve a stream of year-end annual cash payments over multiple years. Using the PV formula in Excel, what is the Present Value of that money at three different interest rates? (Round your answers to 2 decimal places.) Answer is complete and correct

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