Calculate the present value of the following cash flows discounted at 10 percent $12,000 received 5 years from today.

International Financial Management
14th Edition
ISBN:9780357130698
Author:Madura
Publisher:Madura
Chapter14: Multinational Capital Budgeting
Section: Chapter Questions
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Calculate the present value of the following cash flows discounted at 10 percent $12,000 received 5 years from today.

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