Three years from now you will begin receiving annual payments of $7,200. This will continue for 14 years. At a discount rate of 5.8%, what is the present value of this stream of cash flows?
A) $60,534.84
B) $57,216.29
C) $64,045.86
D) $54,523.00
E) $51,253.11
A
You might also like to view...
Banfield Corporation makes three products that use compound W, the current constrained resource. Data concerning those products appear below: VPYIWXSelling price per unit$248.04$230.66$505.44Variable cost per unit$190.71$172.14$388.80Centiliters of compound W 3.90 3.80 8.10Rank the products in order of their current profitability from most profitable to least profitable. In other words, rank the products in the order in which they should be emphasized.
A. VP, WX, YI B. YI, VP, WX C. WX, YI, VP D. WX, VP, YI
The market for corporate control serves as a means of governance when:
A. the firm is overpriced in the market. B. internal controls have failed. C. the corporation has greatly exceeded performance expectations. D. the top management team's interests and the owners' interests are aligned.
The aggressive financing strategy is a ________ method while the conservative financing strategy is a ________ method.
A) high-profit, high-risk; low-profit, low-risk B) high-profit, low-risk; low-profit, high-risk C) low-profit, high-risk; high-profit, low-risk D) low-profit, low-risk; high-profit, high-risk
Critical evaluation of ideas is an important first step when brainstorming
Indicate whether the statement is true or false