Assume that your required rate of return is 12 percent and, Finance Basics

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Assume that your required rate of return is 12 percent and

Question: Assume that your required rate of return is 12 percent and you are given the following stream of cash flows:

Year 0 -$10,000

Year 1 $12,000

Year 2 $13,000

Year 3 $14,000

Year 4 $15,000

Year 5 $21,000

If payments are made at the end of each period, what is the present value of the cash flow steam?

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Finance Basics: Assume that your required rate of return is 12 percent and

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Finance Basics: Assume that your required rate of return is 12 percent and

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