CORPORATE FINANCE--CONNECT ACCESS CARD
CORPORATE FINANCE--CONNECT ACCESS CARD
12th Edition
ISBN: 9781264807475
Author: Ross
Publisher: MCG CUSTOM
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Chapter 6, Problem 22QAP
Summary Introduction

Adequate information:

Net cash flow=$345,000

Real discount rate=4%

Real growth rate=-3%

To compute: Present value of cash flows.

Introduction: Present value is the sum of the current value of money of future cash flows. It is also known as a present discounted value, in which the future value of cash inflows and discount rate are known.

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CORPORATE FINANCE--CONNECT ACCESS CARD

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