Multiple Choice
Calculate the present value of the following cash flows assuming they occur at the end of each year and the interest rate is 12% p.a.:
Year 0,($12 000) ;Year 1,$5670;Year 2,$11 250.
A) $2030.93
B) $26 030.93
C) $28 920
D) ($1163.19)
Correct Answer:
Verified
Correct Answer:
Verified
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