What is the present value of cash flows


Ajax Corp. is expecting the following cash flows - $79,000, $112,000, $164,000, $84,000, and $242,000 - over the next five years. If the company's opportunity cost is 15 percent, what is the present value of these cash flows? (Round to the nearest dollar.)

  1. $477,235
  2. $429,560
  3. $414,322
  4. $480,906

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Operation Management: What is the present value of cash flows
Reference No:- TGS0511312

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