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problem: Foster Industries has a project that has the following cash flows:

Year         Cash Flow

  0            -$300.00

  1               100.00

  2               125.43

  3                 90.12

  4                    ?

Find what cash flow will the project have to generate in the fourth year in order for the project to have a 15 percent rate of return?

[A] $103.10

[B] $150.75

[C] $15.55

[D] $58.95

[E] $100.25

Basic Finance, Finance

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  • Reference No.:- M921215

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