What are the cash flows worth today
Problem
Your mom is expecting the following cash flows: $24102 in year 2, $40696 in year 4 and $46255 in year 6. If the relevant rate of return is 9.40%, what are the cash flows worth today?
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Your mom is expecting the following cash flows: $24102 in year 2, $40696 in year 4 and $46255 in year 6. What are the cash flows worth today?
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