Finance 330Homework #2E (PV of Mixed Stream) You are given an investment to analyze. The cash flows from this investment are
Finance 330<br/>Homework #2E (PV of Mixed Stream) <br/><br/><br/>You
are given an investment to analyze. The cash flows from this investment are
End of year
1. $18,970
2. $1,480
3. $18,040
4. $12,260
5. $5,590
What is the present value of this investment if 5 percent per year is the appropriate discount rate?
Round the answer to two decimal places.
Please show work on how your received your answer. Thank you!