Question: You will receive $ 7 , 5 9 4 a year for the next 4 years beginning today. What is the present value of these

You will receive $7,594 a year for the next 4 years beginning today.
What is the present value of these cashflows if r =13%?
You Answered
22,588.14
Correct Answer
25,524.5928

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:

Using the information below, complete the case study. Fillable TPT-EZ form (opens in a new tab) Arizona Business Property Statement(opens in a new tab) Exemption Certificate Form(opens in a new tab)...

Q:

3. The U.S. and India are entering into a climate-accord and the as a developing country, India is demanding that the U.S. compensate India for the economic costs of carbon abatement technologies....

Q:

You will receive $ 9 , 0 1 4 a year for the next 4 years beginning today. What is the present value of these cashflows if r = 8 % ?

Q:

You will receive 3 7 7 a year for the next 5 years beginning today. What is the present value of these cashflows if r = 3 % ?

Q:

AA 11-3 Global Analysis LO P3 Refer to Samsung's statement of cash flows in Appendix A for the year ended December 31, 2017. Required 1. What amount (in millions of Korean won) did Samsung spend to...

Q:

An investment will provide you with $100 at the end of each year for the next 10 years. What is the present value of that annuity if the discount rate is 8% annually? What is the present value of the...

Q:

please answer any question 1 $9,000 is invested in a certain business at the start of the year, the investor will receive $2,700 at the end of each of the next four years. What is the present value...

Q:

QUESTION 4 If $1000 is invested in a certain business at the start of the year, the investor will receive $300 at the end of each of the next B years. What if the present value of this business...

Q:

1) Suppose you invest $10000 into a mutual fund that is expected to earn a rate of return of 7%. How money will you have in 7 years? .Note: Express your answers in strictly numerical terms.For...

Q:

1. You just won the lottery! Congratulations! The jackpot total was $35 million after taxes. According to the pay- out scheme, you will receive $10 million today (meaning right now) and $5 million...

Q:

please look at the file With its dominance of the athletic shoe and sporting apparel businesses, Nike generated $2.45 billion in operating income on revenues of $19 billion in the fiscal year ended...

Q:

Some ordered pairs are listed in Table 75 a. Construct a scatterplot by hand. b. Is there a linear association, a nonlinear associations, or neither? c. Draw a line that comes close to the points in...

Q:

Do an assessment of the organizations current marketing activities Definition/Description of overall project: Marketers recognize the power of word-of-mouth advertising. People naturally trust the...

Q:

Which type of account offers research and tools to investors, as well as unlimited trading? Option A Direct guidance Option B Full - service brokerage accounts Option C Robo - advisory accounts...

Q:

A railroad branch line to a missile site is to be constructed. It is expected that the railroad line will be used for 15 years, after which the missile site will be removed and the land turned back...

Q:

If a slit diffracts 650.nm light so that the diffraction maximum is 4.0cm wide on a screen 1.50m away, what will be the width of the diffraction maximum for light of wavelength 420nm?

Q:

Quark Model of the Neutron The neutron is a particle with zero charge. Nonetheless, it has a nonzero magnetic moment with z component 9.66 X 10-27 A. m2. This can be explained by the internal...

Q:

You look directly overhead and see a plane exactly 1.5km above the ground flying faster than the speed of sound. By the time you hear the sonic boom, the plane has traveled a horizontal distance of...

Q:

Superconducting power transmission the use of superconductors has been proposed for power transmission lines. A single coaxial cable (Fig P32.78) could carry 1.00 x 103 MW (the output of a large...

Q:

In forecasting, what s the difference of a moving average forecast and a weighted moving average forecast ?

Q:

4 What might be done to improve the success of training and development in your organisation?

Q:

Do you strive to create a diverse workforce?

Q:

10 What are the potential benefits of training: (a) for individuals; (b) for organisations?