Question
3. value: 5.00 points An investment offers $6,300 per year for 10 years, with the first payment occurring one year from now. If the required
3.
value: 5.00 points
An investment offers $6,300 per year for 10 years, with the first payment occurring one year from now. |
If the required return is 5 percent, what is the value of the investment? (Do not round intermediate calculations and round your final answer to 2 decimal places, e.g., 32.16.) |
Present value | $ |
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What would the value be if the payments occurred for 35 years? (Do not round intermediate calculations and round your final answer to 2 decimal places, e.g., 32.16.) |
Present value | $ |
??
What would the value be if the payments occurred for 65 years? (Do not round intermediate calculations and round your final answer to 2 decimal places, e.g., 32.16.) |
Present value | $ |
??
What would the value be if the payments occurred forever? (Do not round intermediate calculations and round your final answer to 2 decimal places, e.g., 32.16.) |
Present value | $ |
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