Question: You will recieve $2,000 a year from time 5 and time 35. (The following time line gives the cash flows.) Using a 10% discount rate,

You will recieve $2,000 a year from time 5 and time 35. (The following time line gives the cash flows.) Using a 10% discount rate, what is the pV of this cash flow stream? 0 1 2 3 4 5 6 7 8 9 ... 34 34 $0 $0 $0 $0 $2000 $2000 $2000 $2000 $2000 ... $2000 $2000

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!