The present value of a stream of ordinary annuity cash


The present value of a stream of ordinary annuity cash flows of $375 per year is $2,119 when valued utilizing a 12% annual rate. By approximately how much would the present value change if this were a delayed annuity with the first payment in two years from now? If the difference is negative, enter the answer as a negative. If the answer is unsolvable without knowing the annuity term, enter 0. (round to the nearest dollar)

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Financial Management: The present value of a stream of ordinary annuity cash
Reference No:- TGS02368278

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