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62. An investment of $60,000 is expected to return $26,000 in 6 months and $41,000 in 1 year. a. Compute the net present value of

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62. An investment of $60,000 is expected to return $26,000 in 6 months and $41,000 in 1 year. a. Compute the net present value of the investment at a rate of 14%. Is the investment attractive at this rate? b. Compute the internal rate of return (within 0.1%) on the investment 3. You borrow $15,000 for 10 months at a discount rate of 12.2%. How much do you receive? 4. A company needs $50,000 for six months to complete a construction project. If a bank! quotes a discount rate of 9.3%, how much will the company need to repay? 5. What simple interest rate is equivalent to a discount rate of 16% for 15 months? 6. You purchase a $4,000 bond for $3,750 nine months before maturity. What was the discount rate

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