Question
1. Lester is considering an investment that is expected to pay $236 in 2 years, $398 in 5 years, and $738 in 8 years. Given
1. Lester is considering an investment that is expected to pay $236 in 2 years, $398 in 5 years, and $738 in 8 years. Given that Lester wants to make 12% per annum on his money how much would Lester value the investment today?
2.. A value of $1,992 occurs at the end of every year for the next 10 years. Calculate the value of this stream of payments 10 years from now given a rate of 11% per year.
3.Emily intends to invest the following cash flows into an investment that is expected to earn 12% per year: $467 in 3 years, $384 in 5 years, and $283 in 7 years. What does she expect the value of her investment to be in 9 years?
PLEASE SHOW WORK OR WHAT TO PUT IN FINANCIAL CALCULATOR !!!!!
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