1 an investment will pay you 90000 in three years assume, Ask an Expert

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1. An investment will pay you $90,000 in three years. Assume the appropriate discount rate is 6 percent compounded daily.

What is the present value?

2. The Oakland Mills Company has disclosed the following financial information in its annual reports for the period ending March 31, 2013: sales of $1,473,000, costs of goods sold of $804,000, depreciation expenses of $175,000, and interest expenses of $89,575. Assume that the firm has a tax rate of 35 percent. Compute the cash flows to investors from operating activity. (Round answer to 2 decimal places, e.g. 15.25.)

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Financial Management, Finance

Category:- Financial Management
Reference No.:- M92800275

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