What is the present value of the future amount

Assignment Help Financial Management

Reference no: EM13763813

What is the present value of the following future amount?

$495,461 to be received 15 years from now, discounted back to the present at 6.36 percent, compounded daily.

Round answer to 2 decimal places

Reference no: EM13763813

Questions Cloud

What is the expected return and the variance of portfolio : Consider the following information: Rate of Return If State Occurs State of Probability of Economy State of Economy Stock A Stock B Stock C Boom .17 .358 .458 .338 Good .43 .128 .108 .178 Poor .33 .018 .028 ?.062 Bust .07 ?.118 ?.258 ?.098 What is t..

Compact fluorescent lamps have become more popular : Compact fluorescent lamps (CFLs) have become more popular in recent years, but do they make financial sense? Suppose a typical 60-watt incandescent lightbulb costs $0.52 and lasts for 1,000 hours. A 15-watt CFL, which provides the same light, costs $..

Due to technological improvements : Your company has been approached to bid on a contract to sell 5,200 voice recognition (VR) computer keyboards a year for four years. Due to technological improvements, beyond that time they will be outdated and no sales will be possible.

Use of cash : Which one of the following is a use of cash?

What is the present value of the future amount : What is the present value of the following future amount? $495,461 to be received 15 years from now, discounted back to the present at 6.36 percent, compounded daily.

Determines the finished goods inventory level : Which one of the following inventory management appraoches determines the finished goods inventory level and then works backward until the raw material needs are determined?

What is the average collection period : LaDoris & Mike, Inc. sells earnings forecasts for Chinese securities. It's credit terms are 1/5, net 15. Based on experience, 85 percent of all customers take the discount. What is the average collection period?

Payback period for a project with an initial investment : What is the payback period for a project with an initial investment of $180,000 that provides annual cash inflow of $40,000 for the first three years and $25,000 per year for years four and five, and $50,000 per year for years six through eight?

Calculate the expected return for stock based on capm : In 2014, stock ABC pays $0.80 per share quarterly dividend and the dividend was $0.50 per share in 2008. The growth rate is 5.0%. Find the beta for stock ABC. Find the current interest rate on a 6-month treasury bill. Calculate the expected return fo..

User Account

All Pages