Assume that your required rate of return is 12 percent and


Assume that your required rate of return is 12 percent and you are given the following stream of cash flows:

Year/Cash Flow 1 $-5,000 2 10,000 3 20,000 4 20,000 5 10,000 6 10,000

If payments are made at the end of each period, what is the future value of this cash flow stream at the end of the 6th year?

A. $41,194.2 B. $42,923.2 C. $57,011.53 D. $80,277.68 E. $81,310.05

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Financial Management: Assume that your required rate of return is 12 percent and
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