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If the discount rate is 8 percent, what is the present value of these cash flows

ID: 2816598 • Letter: I

Question

    

  

If the discount rate is 8 percent, what is the present value of these cash flows? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.)

  

If the discount rate is 18 percent, what is the present value of these cash flows? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.)

  

  

If the discount rate is 24 percent, what is the present value of these cash flows? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.)

  

Wilkinson Co. has identified an investment project with the following cash flows:

Explanation / Answer

Present value of inflows=cash inflow*Present value of discounting factor(rate%,time period)

1.Present value=730/1.08+950/1.08^2+1210/1.08^3+1300/1.08^4

=$3406.47(Approx).

2.Present value=730/1.18+950/1.18^22+1210/1.18^3+1300/1.18^4

=$2707.89(Approx).

3.Present value=730/1.24+950/1.08^24+1210/1.24^3+1300/1.24^4

which is equal to

=$2391.05(Approx).

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