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A company budgets to invest USD 5,000,000 in 2 0 years. There is an option to invest at nominal interest rates of 5% per

A company budgets to invest USD 5,000,000 in 2 0 years. There is an option to invest at nominal interest rates of 5% per annum. a) How much does the firm have to invest today if they are to haveUSD 5,000,000 in 20years and the interest rate is semi-annual. b) How much does the firm have to invest today if they are to haveUSD 5,000,000 in 20years and the interest rate is continuous.

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