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GRAND FIN650 MODULE 3 EXAM

Question 1. Cyberhost Corporation’s sales were $225 million last year. If sales grow at 6% per year, how large (in millions) will they be 5 years later? A. $271.74 B. $286.05 C. $301.10 D. $316.16 E. $331.96 N         5 I/YR    6.0% PV       $225.00 PMT    $0.00 FV       $301.00 2. Assume a project has normal cash flows. […]