What is the present value of the following set of cash flows at a 10% discount rate? Year Cash flow 1 $800 2 -$800 3 $800 4 -$800

Cornerstones of Cost Management (Cornerstones Series)
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Author:Don R. Hansen, Maryanne M. Mowen
Publisher:Don R. Hansen, Maryanne M. Mowen
Chapter19: Capital Investment
Section: Chapter Questions
Problem 23E: Assume that an investment of 100,000 produces a net cash flow of 60,000 per year for two years. The...
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What is the present value of the following set of cash flows at a 10% discount rate? Year Cash flow 1 $800 2 -$800 3 $800 4 -$800
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