Mendelson Implements Records the Following Cash Flows at the End

question 17

Multiple Choice

Mendelson Implements records the following cash flows at the end of each year for a project.If the firm's discount rate is 11%,COMPOUNDED CONTINOUSLY,what is the PRESENT VALUE of the project?

• A) $2,509,507
• B) $2,547,837
• C) $2,517,234
• D) $2,499,159

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