This topic contains a solution. Click here to go to the answer

Author Question: You are negotiating to make a 7-year loan of $27,000 to Breck Inc. To repay you, Breck will pay ... (Read 53 times)

cyc028

  • Full Member
  • ***
  • Posts: 151
You are negotiating to make a 7-year loan of $27,000 to Breck Inc. To repay you, Breck will pay $2,600at the end of Year 1, $6,000 at the end of Year 2, and $8,200at the end of Year 3, plus a fixed but currently unspecified cash flow, X, at the end of Years 4 through 7. Breck is essentially riskless, so you are confident the payments will be made, and you regard7.5% as an appropriate rate of return on low-risk 7-year loans. What cash flow must the investment provide at the end of each of the final four years; that is, what is X?

$4,398.02


$4,517.49


$4,602.15


$4,743.46



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by cyc028 on Aug 7, 2023

gyvette

  • Full Member
  • ***
  • Posts: 196
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
Answer Preview
Only 55% of students answer this correctly




cyc028

  • Member
  • Posts: 151
Reply 2 on: Aug 7, 2023
YES! Correct, THANKS for helping me on my review


vickybb89

  • Member
  • Posts: 347
Reply 3 on: Yesterday
:D TYSM

 

Did you know?

Atropine, along with scopolamine and hyoscyamine, is found in the Datura stramonium plant, which gives hallucinogenic effects and is also known as locoweed.

Did you know?

Street names for barbiturates include reds, red devils, yellow jackets, blue heavens, Christmas trees, and rainbows. They are commonly referred to as downers.

Did you know?

According to animal studies, the typical American diet is damaging to the liver and may result in allergies, low energy, digestive problems, and a lack of ability to detoxify harmful substances.

Did you know?

The modern decimal position system was the invention of the Hindus (around 800 AD), involving the placing of numerals to indicate their value (units, tens, hundreds, and so on).

Did you know?

The Romans did not use numerals to indicate fractions but instead used words to indicate parts of a whole.

For a complete list of videos, visit our video library