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Question
If the discount rate is 12%, what is the present value of the following cash flows:Year Cash Flow
1 $10,000
2 $11,000
3 $12,000
4 $13,000
5 $14,000
6-15 $15,000 each year
a. $144,618
b. $127,923
c. $127,197
d. $ 90, 537
Answer
This answer is hidden. It contains 116 characters.
Related questions
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Q:
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Q:
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Perfect capital markets imply the following:
a. there are no transactions costs for buying and selling securities
b. relevant information is readily available for individuals and is costless to obtain
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Q:
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b. the value of the firm is independent of its capital structure in perfect capital markets with no income taxes
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Q:
Kenzel has an EPS of $4.20 and sales are $9 million. If the firm has a degree of operating leverage of 4.0 and a degree of financial leverage of 5.2, forecast EPS if the firm expects a 4% sales decline.
a. $0.71
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