A set of cash flows begins at $60,000 and increases at 10% per annum for the next 12 years. If the interest rate is 10%, what is the present value of the set (to the nearest dollar)? Choose one Answer : O A. $650,545 O B. $604,545 O C. $654,545.C O D. $654,045
A set of cash flows begins at $60,000 and increases at 10% per annum for the next 12 years. If the interest rate is 10%, what is the present value of the set (to the nearest dollar)? Choose one Answer : O A. $650,545 O B. $604,545 O C. $654,545.C O D. $654,045
Financial Management: Theory & Practice
16th Edition
ISBN:9781337909730
Author:Brigham
Publisher:Brigham
Chapter7: Corporate Valuation And Stock Valuation
Section: Chapter Questions
Problem 11P: Brook Corporation’s free cash flow for the current year (FCF0) was $3.00 million. Its investors...
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A set of cash flows begins at $60,000 and increases at 10% per annum for the next 12 years. If the interest rate is 10%, what is the present value of the set (to the nearest dollar)?
Choose one Answer :
O A. $650,545
O B. $604,545
O C. $654,545.C
O D. $654,045
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