Intermediate finance question

label Business
account_circle Unassigned
schedule 1 Day
account_balance_wallet $5

AmBev expects a new joint venture with Interbrew, which will last 12 years, to generate continuous cash flows of $172,000 per year. In addition, there will be lump-sum proceeds of $925,000 at the end of the project, through the selling of the assets of the joint venture. If the continuously compounded nominal rate of interest is 14%, estimate the present value of the cash flows

Sep 29th, 2015

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