What is the net present worth of the cash flow based on the


Consider the following cash flow in actual dollars: Year 0 -$6; Year 1 $1; Year 2 $3; Year 3 $4; Year 4 $6. The inflation rate is 6%. The inflation-free interest rate is 5%. What is the net present worth of the cash flow based on the market interest rate? Express your answer as a decimal to the nearest cent.

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Financial Management: What is the net present worth of the cash flow based on the
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