Ajax Corp. is expecting the following cash flows - $79,000, $112,000, $164,000, $84,000, and $242,000 over the next five years. If the company s opportunity cost is 15 percent, what is the present value of these cash flows? (Round to the nearest dollar.)

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Ajax Corp. is expecting the following cash flows - $79,000, $112,000, $164,000, $84,000, and $242,000 over the next five years. [ If the company s opportunity cost is 15 percent, $429,560 is the present value of these cash flows.
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Expert answered|tmiller14|Points 1032|

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Asked 11/17/2014 2:39:45 PM

Updated 11/17/2014 4:36:38 PM

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debnjerry

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Please show your calculations for math questions.

Added 11/17/2014 4:36:38 PM

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