Question
"You are told you will receive the following cash payments at the end of the next three years:
Year 1: $10,000
Year 2: $25,000
Year 3: $50,000
Assuming a discount rate of 12%, what is present value of all payments?"
Year 1: $10,000
Year 2: $25,000
Year 3: $50,000
Assuming a discount rate of 12%, what is present value of all payments?"