13. 4.66 You own a $50,000 corporate bond with a bond interest rate of 6%

payable monthly that is due 10 years from now. If you want to sell it today and realize a rate of return of 12% per year compounded monthly, the amount you must receive is closest to:

1.

a. $32,575 2.

b. $33,125 3.

c. $35,250 4.

d. $38,550 1. Calculate capital recovery and AW over one life cycle.
AW calculation 2. Select the best alternative on the basis of an AW analysis.
Alternative selection by AW 3. Select the best long-life (infinite-life) investment alternative using AW values.
Long-life investment AW 4. Use a spreadsheet to perform an AW evaluation.
Spreadsheets