Solved

Your Firm Is Evaluating a Project That Should Generate Revenue

Question 62

Multiple Choice

Your firm is evaluating a project that should generate revenue of $4,600 in year 1,$5,200 in year two,$5,900 in year three,and $5,700 in year four.The firm receives each cash flow at the end of each year.If your firm's required return is 12%,what is the future value of these cash flows at the end of year four?


A) $16,074.51
B) $22,583.53
C) $25,293.55
D) $28,328.77

Correct Answer:

verifed

Verified

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

Related Questions