You have the following cash in and out flows from an investment Cash Inflow Cash Outflow Year
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Question:
You have the following cash in and out flows from an investment
Cash Inflow | Cash Outflow | |
Year 1 | 1 100 | 4 000 |
Year 2 | 2 000 | 2 500 |
Year 3 | 3 400 | 1 700 |
Year 4 | 4 000 | 600 |
Determine the present day value of this investment, assuming a cost of credit of 3,1%.
Related Book For
Financial Accounting Tools for business decision making
ISBN: 978-0470534779
6th Edition
Authors: Paul D. Kimmel, Jerry J. Weygandt, Donald E. Kieso
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