Answered You can hire a professional tutor to get the answer.
Today is 1/1/2009. For 20 years, I receive $50,000 on the first day of each year and $25,000 on the first of July each year. If I discount cash flows at 10% annually, what is the present value (rounde
Today is 1/1/2009. For 20 years, I receive $50,000 on the first day of each year and $25,000 on the first of July each year. If I discount cash flows at 10% annually, what is the present value (rounded to the nearest thousand dollars) of these payments?