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Doss [256]
3 years ago
5

Firms that specialize in helping companies raise capital by selling securities to the public are called _________.

Business
1 answer:
Kaylis [27]3 years ago
4 0

Answer:

Firms that specialize in helping companies raise capital by selling securities to the public are called <em><u>investment banks</u></em><em><u> </u></em><em><u>.</u></em>

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10. Uneven cash flows A series of cash flows may not always necessarily be an annuity. Cash flows can also be uneven and variabl
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Answer:

$1,155,478

Explanation:

Present value is the sum of discounted cash flows

Present value can be found using a financial calculator

Cash flow in year 1 = $100,000

Cash flow in year 2 =  $20,000

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Present value = $1,155,478

To find the PV using a financial calculator:

1. Input the cash flow values by pressing the CF button. After inputting the value, press enter and the arrow facing a downward direction.

2. after inputting all the cash flows, press the NPV button, input the value for I, press enter and the arrow facing a downward direction.  

3. Press compute  

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3 years ago
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Answer:

$650,000

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