Your firm has an unusual investment opportunity that is expected to provide $45,000 two years from now,
Fantastic news! We've Found the answer you've been seeking!
Question:
Your firm has an unusual investment opportunity that is expected to provide $45,000 two years from now, $25,000 four years from now, and $60,000 six years from now. If your firm's opportunity cost is 14%, what is the present value of these cash flows?
a) $76,763
b) $87,510
c) $59,226
d) $67,336
e) $49,428
Related Book For
Corporate Finance A Focused Approach
ISBN: 978-1305637108
6th edition
Authors: Michael C. Ehrhardt, Eugene F. Brigham
Posted Date: