You are analyzing an investment that is expected to generate…
You are analyzing an investment that is expected to generate the following cash flows, in actual dollars: Year, n NCF, Actual Dollars 0 −$,000 1 ,000 2 ,000 3 ,000 Over this timeframe, the general inflation rate ( f ) is expected to be %. Your company’s market interest rate is %. What is the equivalent present worth of this investment at Year 0? (Round answer to nearest dollar.)