You started a business that takes $1,000,000 today. If the business produces $10,000,000 (just this cash only and nothing in between) in 20 years. If the interest rate is 10%, what is the value of the future cash flow from this investment today?
You started a business that takes $1,000,000 today. If the business produces $10,000,000 (just this cash only and nothing in between) in 20 years. If the interest rate is 10%, what is the value of the future cash flow from this investment today?
Chapter5: The Time Value Of Money
Section: Chapter Questions
Problem 27P
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You started a business that takes $1,000,000 today. If the business produces $10,000,000 (just this cash only and nothing in between) in 20 years. If the interest rate is 10%, what is the value of the future cash flow from this investment today?
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