题目
The present value (PV) of an investment with the following year-end cash flows (CF) and a 12% required annual rate of return is closest to:「huixue_img/importSubject/1564548694177615872.png」CF1=100,000 euro dollar for year 1; CF2=150,000 euro dollar for year 2; CF3=CF4=0 euro dollar for year 3&4; CF5=-10,000 euro dollar for year 5.
选项
A.€201,747.
B.€203,191.
C.€227,573.
答案
B
解析
B is correct, as shown in the following table.「huixue_img/importSubject/1564548695062614016.png」
B正确。BAII Plus计算器，CF页面下，2ND CE/C清楚历史记录，依次按：CFo=0C01=100,000F01=1C02=150,000F02=1C03=0F03=2（表示第三笔现金流为0，分别发生在第三年和第四年末，一共两笔）C04=-10,000F04=1 NPV页面下：I=12CPT NPV=203,190.52