Question
1. You invested $3,000 in the stock market one year ago. Today, the investment is valued at $4,050. What return did you earn?Return earned35% What
1. You invested $3,000 in the stock market one year ago. Today, the investment is valued at $4,050. What return did you earn?Return earned35%
What return would you suffer next year for your investment to be valued at the original $3,000?(Negative answer should be indicated by a minus sign. Do not round intermediate calculations. Round your final answer to 2 decimal places.)
6. You are scheduled toreceivea $590 cash flow in one year, a $1,090 cash flow in two years, andpaya $890 payment in three years. Interest rates are 10 percent per year.
What is the combined present value of these cash flows?(Do not round intermediate calculations. Round your final answer to 2 decimal places.
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