Ambrin Corp. expects to receive $6,000 per year for 14 years and $7,500 per year for the next 14 years. What is the present value of this 28 year cash flow? Use an 12% discount rate. Use Appendix D. (Round "PV Factor" to 3 decimal places. Round your Intermedlate calculations to the nearest dollar value.) Multiple Cholce $89,478 $49,959 none of these $59,901

Cornerstones of Cost Management (Cornerstones Series)
4th Edition
ISBN:9781305970663
Author:Don R. Hansen, Maryanne M. Mowen
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Chapter19: Capital Investment
Section: Chapter Questions
Problem 22E
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Ambrin Corp. expects to receive $6,000 per year for 14 years and $7,500 per year for
the next 14 years. What is the present value of this 28 year cash flow? Use an 12%
discount rate. Use Appendix D. (Round "PV Factor" to 3 decimal places. Round your
Intermediate calculations to the nearest dollar value.)
Multiple Cholce
$89,478
$49,959
none of these
$59,901
Transcribed Image Text:Ambrin Corp. expects to receive $6,000 per year for 14 years and $7,500 per year for the next 14 years. What is the present value of this 28 year cash flow? Use an 12% discount rate. Use Appendix D. (Round "PV Factor" to 3 decimal places. Round your Intermediate calculations to the nearest dollar value.) Multiple Cholce $89,478 $49,959 none of these $59,901
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