FV of Multiple Cash Flows: International Shippers, Inc

question 32

Multiple Choice

FV of multiple cash flows: International Shippers, Inc., have forecast earnings of $1, 233,400, $1,345,900, and $1,455,650 for the next three years. What is the future value of these earnings if the firm's opportunity cost is 13 percent? (Round to the nearest dollar.)

• A) $4,214,360
• B) $4,551,446
• C) $3,900,865
• D) $4,875,212