Solved

What Is the Present Value of the Following Mixed Cash

Question 39

Multiple Choice

What is the present value of the following mixed cash flow stream if interest is 6% (rounded) ?  YEAR  CASH FLOW 1$5,0002$8,0003$9,500\begin{array} { | l | l | } \hline \text { YEAR } & \text { CASH FLOW } \\\hline 1 & \$ 5,000 \\\hline 2 & \$ 8,000 \\\hline 3 & \$ 9,500 \\\hline\end{array}


A) $25,370
B) $19,813
C) $21,225
D) $18,750

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions