Moving cash flows lg5you are scheduled to receive a 580, Ask an Expert

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Moving Cash Flows (LG5)

You are scheduled to receive a $580 cash flow in one year, a $1,080 cash flow in two years, and pay a $880 payment in three years. Interest rates are 8 percent per year.

What is the combined present value of these cash flows? (Do not round intermediate calculations and round your final answer to 2 decimal places.)

Combined present value of cash flows $

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Financial Management, Finance

Category:- Financial Management
Reference No.:- M92852002

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