you purchased an investment that generates the following cashflows for the next four years. You can reinvest these cashflows at 4.4%, compounded annually.
you purchased an investment that generates the following cashflows
for the next four years. You can reinvest these cashflows at 4.4%, compounded annually.
End of year
-$3,547
-1,758
-4,136
-4,479what is the present value of this investment if 4.4% per year is the discount rate?
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