Homework #3D (FV of mixed stream)

Homework #3D (FV of mixed stream)

Finance 330

Question 2 (1 point)


You have just purchased an investment that generates the cash flows shown below for the next four years. You are able reinvest these cash flows at 12.23 percent, compounded annually. How much is this investment worth at the end of year four?

End of year

  1. $308
  2. $897
  3. $389
  4. $203

Round the answer to two decimal places.

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