diff --git a/src/Projection.jl b/src/Projection.jl
index ab20805..ba2a503 100644
--- a/src/Projection.jl
+++ b/src/Projection.jl
@@ -208,3 +208,11 @@ function __rewrap(from, to)
     # we've hit bottom, so return `to`
     return to
 end
+
+function FinanceCore.present_value(model, p::FinanceModels.Projection{C,M,K}, cur_time=0.0) where
+{
+    C,M,K<:FinanceModels.CashflowProjection
+}
+    xf = p |> Filter(cf -> cf.time >= cur_time) |> Map(cf -> FinanceCore.discount(model, cur_time, cf.time) * cf.amount)
+    foldxl(+, xf)
+end
diff --git a/src/model/Model.jl b/src/model/Model.jl
index 779da3c..f06ba7b 100644
--- a/src/model/Model.jl
+++ b/src/model/Model.jl
@@ -19,8 +19,9 @@ include("Equity.jl")
 
 """
     present_value(model,contract,current_time=0.0)
-
-Return the value of the contract as corresponding with the valuation assumptions embedded in the `model`.
+    present_value(model,projection,current_time=0.0)
+ 
+ Return the value of the contract as corresponding with the valuation assumptions embedded in the `model` for the given contract or projection with `CashflowProjection` kind.
 
 # Examples
 
diff --git a/test/sp.jl b/test/sp.jl
index 0755814..74c21c1 100644
--- a/test/sp.jl
+++ b/test/sp.jl
@@ -20,6 +20,7 @@ end
     @test collect(Bond.Fixed(0.05, Periodic(1), 1)) == [Cashflow(1.05, 1.0)]
 
     @test pv(Yield.Constant(0.05), Bond.Fixed(0.05, Periodic(1), 3.0)) ≈ 1.0
+    @test pv(Yield.Constant(0.05), p) ≈ 1.0
 end
 
 @testset "Floating Bonds" begin