4. Based on the interest rates and cash flows shown in the cash flow diagram, d value of $X. 3% 3% 2 3 3% 5% $10,000 5 5% 5% 6 7 8 9 5% 4% 4% 4% SX 10

Corporate Fin Focused Approach
5th Edition
ISBN:9781285660516
Author:EHRHARDT
Publisher:EHRHARDT
Chapter4: Time Value Of Money
Section4.12: Uneven, Or Irregular, Cash Flows
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4. Based on the interest rates and cash flows shown in the cash flow diagram, determine the
value of $X.
$10,000
↑
4
5
6
Tovui
3% 3% 3% 5% 5% 5% 5% 4% 4% 4%
$150,000
1
2
3
7
8
$X
9
10
Transcribed Image Text:4. Based on the interest rates and cash flows shown in the cash flow diagram, determine the value of $X. $10,000 ↑ 4 5 6 Tovui 3% 3% 3% 5% 5% 5% 5% 4% 4% 4% $150,000 1 2 3 7 8 $X 9 10
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