question archive What is the present value of a single cash flow received 6 years from now? The cash flow is $2,000,000 and the discount rate is 12%

What is the present value of a single cash flow received 6 years from now? The cash flow is $2,000,000 and the discount rate is 12%

Subject:FinancePrice:2.86 Bought4

What is the present value of a single cash flow received 6 years from now? The cash flow is $2,000,000 and the discount rate is 12%.

pur-new-sol

Purchase A New Answer

Custom new solution created by our subject matter experts

GET A QUOTE

Answer Preview

Present Value of Single Cash Flow = Amount / (1 + Discount Rate)^Years

Present Value of Single Cash Flow = 2000000 / 1.12^6

Present Value of Single Cash Flow = 2000000 / 1.9738

Present Value of Single Cash Flow = $1013262.24