You invest in a project that generates fixed annual cashflows of $135 for 5 years beginning in
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Question:
You invest in a project that generates fixed annual cashflows of $135 for 5 years beginning in 5 years from today. If the discount rate is 8.1%, then what is its value today? (Round to the nearest hundredth).
Related Book For
Fundamentals of Corporate Finance
ISBN: 978-0077861629
8th edition
Authors: Richard Brealey, Stewart Myers, Alan Marcus
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