How does keeping excess cash affect the performance of


1. What is the value today of an annuity of $6,300 per year, with the first cash flow received three years from today and the last one received 25 years from today? Use a discount rate of 7 percent.

2. How does keeping excess cash affect the performance of Infosys? Show your findings with calculations and presenting figures.

3. Elaborate the concept of Economic Value Added (EVA). Your answer should include information in greater detail about how (the elements of) EVA can be calculated.

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Financial Management: How does keeping excess cash affect the performance of
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