What is that worth today, An investment promises cash flows

What is that worth today

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Reference no: EM131937228

An investment promises cash flows in years 1, 2, and 3 of $20,000. In years 4 and 5, it will pay $45,000.

If your required rate of return is 13.9 percent, what is that worth today?

Reference no: EM131937228

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