You Estimate That the Drive-Through Coffee Kiosk You Own Will

question 53

Multiple Choice

You estimate that the drive-through coffee kiosk you own will generate ordinary annuity after-tax cash flows of $120,000 per year for the next ten years.If you discount these cash flows at an annual rate of 11%,what is the present value of your expected cash flows?

• A)$706,707.84
• B)$782,417.35
• C)$1,200,000.00
• D)$2,900,594.27

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Definitions:

Openness

Refers to one's willingness to consider new ideas, be open to diverse experiences, and exhibit transparency in thoughts and actions.

Extroversion

A personality trait characterized by sociability, talkativeness, assertiveness, and high levels of emotional expressiveness.

The Big Five Model

A personality framework consisting of five broad dimensions used to describe human personality: openness, conscientiousness, extraversion, agreeableness, and neuroticism.

Basic Dimensions

Fundamental aspects or components that can be measured or assessed to describe or analyze a subject or context.