Valuation, 2/E Titman & Martin solutions manual
| PROBLEM 2-1 | Solution Legend | ||||||||||
| = Value given in problem | |||||||||||
| Given | Solution: | = Formula/Calculation/Analysis required | |||||||||
| Discount rate | 10% | = Qualitative analysis or Short answer required | |||||||||
| = Goal Seek or Solver cell | |||||||||||
| Cash Flow | Year (s) | Present Value | = Crystal Ball Input | ||||||||
| a. | $500 | 5 | $ 310 | = Crystal Ball Output | |||||||
| b. | $500 | 5 | $ 1,895 | ||||||||
| c. | $500 | 50 | $ 4,957 |
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