You have been accepted into a prestigious private university in Southern California - congratulations Since no one from this school has ever graduated in only four years, you anticipate that you will need to make 10 semi-annual tuition payments of
25,000 each with the first cash flow six months from today. If you choose to discount these cash flows at an annual rate of 6, what is the present value cost of tuition to attend your university of choice?
A) 186,814.54
B) 184,002.18
C) 250,000.00
D) 213,255.07
Question 2
Which of the following statements regarding firms and value is NOT true?
A) We can create value by taking on negative net present value projects.
B) Shareholder control in and of itself has value.
C) Value is ultimately what someone is willing to pay for a firm.
D) It is important to know what is being valued; the assets or the equity in a firm.
Food web associated with algal turf during the summer in the Eel River, California.
Extinction and immigration of bird species on the California Channel Islands between 1917 and 1968 (
Warner Bros' Tasmanian Devil at a parade in California
Uranus's southern hemisphere in approximate natural colour (left) and in shorter wavelengths (r
Private practice setting.