Find the present value of this cash flow stream.                                 2. Find the future value of this cash flow stream   please use formula or any necessary diagram. please provide steps and explanation

International Financial Management
14th Edition
ISBN:9780357130698
Author:Madura
Publisher:Madura
Chapter14: Multinational Capital Budgeting
Section: Chapter Questions
Problem 1IEE
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  1. Arona would like to receive $15,820 each year for the next 5 years, starting today.  Then she hopes to receive $17,500 per year at the beginning of the 6th year for an additional 5 years.  In total 10 payments.  Assume an interest rate of 6%. 
  1. Find the present value of this cash flow stream.                                

2. Find the future value of this cash flow stream

 

please use formula or any necessary diagram. please provide steps and explanation

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