Susie · 2023年03月28日

为什么这道题摁计算器摁不出NPV

1. CFA I
2. Corporate Issuers

NO.PZ2022090804000003

问题如下：

A USD2.2 million investment will result in the following year-end cash flows:

Using an 8% opportunity COC, the investment’s NPV is closest to:

选项：

A.USD2.47 million. B.USD3.40 million. C.USD4.67 million.

解释：

Solution

A is correct.

$-\$2.2+\frac{\$1.3}{\left(1.08\right)}+\frac{\$1.6}{{\left(1.08\right)}^2}+\frac{\$1.9}{{\left(1.08\right)}^3}+\frac{\$0.8}{{\left(1.08\right)}^4}$