If the appropriate interest rate is 8 percent what is the


You wrote a piece of software that does a better job of allowing computers to network than any other program designed for this purpose. A large networking company wants to incorporate your software into their systems and is offering to pay you $549,000 today, plus $549,000 at the end of each of the following six years for permission to do this. If the appropriate interest rate is 8 percent, what is the present value of the cash flow stream that the company is offering you? (Round answer to the nearest whole dollar, e.g. 5,275.)

Solution Preview :

Prepared by a verified Expert
Managerial Accounting: If the appropriate interest rate is 8 percent what is the
Reference No:- TGS01249867

Now Priced at $12 (50% Discount)

Recommended (95%)

Rated (4.7/5)