What is the present value of the following cash flow stream at a rate of 12.0%?
A) $9,699
B) $10,210
C) $10,747
D) $11,284
E) $11,849

Question

What is the present value of the following cash flow stream at a rate of 12.0%? 
A) $9,699 
B) $10,210 
C) $10,747 
D) $11,284 
E) $11,849

Quizplus · Accepted Answer

To find the present value of a cash flow, we need to discount each cash flow by the appropriate discount rate, and then add them up. Using a financial calculator, we can find that the present value of this stream is $10,747. Therefore, the best choice is C.

What Is the Present Value of the Following Cash Flow