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Net Present Value Assignment | Homework For You

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May 21st, 2020
20. You have won the lottery at the beginning of the year (Year 0). You have the option of receiving a lump sum payment of $10,000 (now) or receiving future cash payments over three years respectively: Year 1 $4,000; Year 2 $3,500; Year $3,000. You currently receive a risk-free rate of retum of 3% in your high yield savings bank account. Provide the Net Present Value formula for the cash payments received over the three years.Get Finance homework help todayHomework For You

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