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    Exam 4: Time value of money
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    What Is the Present Value of the Following Cash Flow
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What Is the Present Value of the Following Cash Flow

Question 15

Question 15

Multiple Choice

What is the present value of the following cash flow stream at a rate of 8.0%?
What is the present value of the following cash flow stream at a rate of 8.0%?   A)  $7, 917 B)  $8, 333 C)  $8, 772 D)  $9, 233 E)  $9, 695


A) $7, 917
B) $8, 333
C) $8, 772
D) $9, 233
E) $9, 695

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