What is the present value of the following set of cash flows, discounted at 15.7% per year? Year 1 4 CF $95 - $95 $197 - $197 The present value of the cash flow stream is S (Round to the nearest cent.)

EBK CONTEMPORARY FINANCIAL MANAGEMENT
14th Edition
ISBN:9781337514835
Author:MOYER
Publisher:MOYER
Chapter5: The Time Value Of Money
Section: Chapter Questions
Problem 29P
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What is the present value of the following set of cash flows, discounted at 15.7% per year?
Year
1
2
3
4
CF
$95
- $95
$197
- $197
The present value of the cash flow stream is S
(Round to the nearest cent.)
Transcribed Image Text:What is the present value of the following set of cash flows, discounted at 15.7% per year? Year 1 2 3 4 CF $95 - $95 $197 - $197 The present value of the cash flow stream is S (Round to the nearest cent.)
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