Pam is in need of cash right now and wants to sell the rights to a $1,000 cash flow that she will receive 5 years from today. If the discount rate for such a cash flow is 9.5%, then what is the fair price that someone should be willing to pay Pam today for rights to that future cash flow?

Financial performance is measured in many ways. requirements 1. explain the difference between lag and lead indicators. 2. the following is a list of financial measures. indicate whether each is a lag or lead indicator: a. income statement shows net income of $100,000 b. listing of next week's orders of $50,000 c. trend showing that average hits on the redesigned website are increasing at 5% per week d. price sheet from vendor reflecting that cost per pound of sugar for the next month is $2 e. contract signed last month with large retail store that guarantees a minimum shelf space for grandpa's overloaded chocolate cookies for the next year