XKL Co. plans a new project that will generate $176569 of continuous cash flow each year for 10 years and additionally $84610 at the end of the project. If the continuously compounded rate of interest is 3.28%, estimate the present value of the cash flows.
XKL Co. plans a new project that will generate $176569 of continuous cash flow each year for 10 years and additionally $84610 at the end of the project. If the continuously compounded rate of interest is 3.28%, estimate the present value of the cash flows.
Financial And Managerial Accounting
15th Edition
ISBN:9781337902663
Author:WARREN, Carl S.
Publisher:WARREN, Carl S.
Chapter26: Capital Investment Analysis
Section: Chapter Questions
Problem 3CMA
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XKL Co. plans a new project that will generate $176569 of continuous cash flow each year for 10 years and additionally $84610 at the end of the project. If the continuously compounded rate of interest is 3.28%, estimate the present value of the cash flows.
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