An investment promises to pay $27,500 in 8 months from now. How much should an investor be

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An investment promises to pay $27,500 in 8 months from now. How much should an investor be willing to pay for this investment today if the market rate of return is 4.25%?

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Fundamentals Of Business Mathematics In Canada

ISBN: 9781259370151

3rd Edition

Authors: F. Ernest Jerome, Jackie Shemko

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Question Posted: Oct 21, 2020 05:53 AM

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An investment promises to pay $27,500 in 8 months from now. How much should an investor be

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Fundamentals Of Business Mathematics In Canada

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