What is the present value of a cashflow of EUR 5,327.21 arising in 276 days, using 4.2% as the rate of discount

EBK CONTEMPORARY FINANCIAL MANAGEMENT
14th Edition
ISBN:9781337514835
Author:MOYER
Publisher:MOYER
Chapter16: Working Capital Policy And Short-term Financing
Section: Chapter Questions
Problem 16P
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  1. What is the present value of a cashflow of EUR 5,327.21 arising in 276 days, using 4.2% as the rate of discount?
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