Calculate the present value of the payments

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Mr. Neumann asked you for a loan of $200M, he promised that he will start returning the money plus interest in 3 years from now. The first payment will be of 50MM, then 150MM, then 200M, then another 200M and finally a last one payment of $150M. Since you think that it will be a risk investment, you have decided to use a discount rate of 12%.

Calculate the present value of the payments that you are going to receive

Reference no: EM132828211

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