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    Managerial Finance Study Set 1
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    Exam 5: Time Value of Money
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    Calculate the Present Value of the Following Stream of Cash
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Calculate the Present Value of the Following Stream of Cash

Question 11

Question 11

Essay

Calculate the present value of the following stream of cash flows, assuming that the firm's opportunity cost is 15 percent. Calculate the present value of the following stream of cash flows, assuming that the firm's opportunity cost is 15 percent.

Correct Answer:

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PV = (12,000/.15)x[1...

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