Question: You just signed a consulting contract that will pay you $ 3 8 , 0 0 0 , $ 5 2 , 0 0 0

You just signed a consulting contract that will pay you $38,000,$52,000, and
$96,242 annually at the end of the next three years, respectively. What is the
present value of these cash flows given a discount rate of 10.5?
You just signed a consulting contract that will pay you $38,000,$52,000,

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Finance Questions!

Q:

Scenario: Absco, Inc., is a calendar year - end clothing manufacturer that sells exclusively to retailers. It engages in a large number of contracts with its customers. Absco signed a contract with...

Q:

You just signed a consulting contract that will pay you $27,000, $31,000, and $44,000 at the end of the next three years, respectively. What is the present value of this contract given a discount...

Q:

2. Compute compound interest on 1000 invested at 5% for two years with annual compounding. 1 st year interest is ________________ Principal now is _______________ 2 nd year interest is...

Q:

What is the present value of $1,575 a year for 25 years at 6.3 percent interest, compounded annually? You just signed a consulting contract that will pay you $38,000, $42,000, and $45,000 annually at...

Q:

What is the present value of $1,575 a year for 25 years at 6.3 percent interest, compounded annually? You just signed a consulting contract that will pay you $38,000, $42,000, and $45,000 annually at...

Q:

What is the present value of $1,575 a year for 25 years at 6.3 percent interest, compounded annually? You just signed a consulting contract that will pay you $38,000, $42,000, and $45,000 annually at...

Q:

O $35.622 $30,968 O $35,255 O $28,738 Question 22 2.5 pts You just signed a consulting contract that will pay you $38,000, $62,000, and $85,000 annually at the end of the next three years,...

Q:

DQuestion 21 2.5 pts Troy will receive $7.500 at the end of year 3.At the end of the following two years, he will receive $9,000 and $12,500, respectively. What is the future value of ese cash flows...

Q:

Question 17 Yolanda just signed a consulting contract that will pay her R35 000, R52 000 and R80 000 annually at the end of the next three years, respectively. What is the present value of these cash...

Q:

You just signed a consulting contract that will pay you a cash flow at the end of each of the next 3 years. The cash flows are $15,000 (year 1), $23,000 (year 2), and $57,000 (year 3). What is the...

Q:

You just signed a consulting contract that will pay you $38,000, $42,000, and $45,000 annually at the end of the next three years, respectively. What is the present value as of today of this contract...

Q:

What are the different responsibilities for the four divisions of the SEC?

Q:

List several criteria for selecting a data warehouse vendor, and describe why they are important.

Q:

Assume Highline Company has just paid an annual dividend of $ 0 . 9 4 . Analysts are predicting an 1 0 . 5 % per year growth rate in earnings over the next five years. After then, Highline earnings...

Q:

SIMAD UNIVERSITY Class: BACC25 Subject: Islamic Accounting Instructions: a) Follow The Instructions. Midterm Exam Instructor: All Ibrahim Date: 6-4-2022 b) You Have 1.5 Hrs. To Complete This Test. c)...

Q:

9. Explain the relationship between identity and communication.

Q:

a. How do you think these stereotypes developed?

Q:

a. How many different groups were represented?