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An investment is expected to result in equal payments of $18360.00 at the end of each quarter for the next 5 years (ordinary annuity). Compouding:
An investment is expected to result in equal payments of $18360.00 at the end of each quarter for the next 5 years (ordinary annuity).
Question 4 (1 point) An investment is expected to result in equal payments of $ 18360.00 at the end of each quarter for the next 5 years (ordinary annuity). Compounding: 4 times per year. If the appropriate required rate of return (discount rate) is 7 %, what is the present value of the annuity stream? (Answer to the nearest cent. i.e. one thousand dollars would be entered 1000,00) Your Answer: 1 Compouding: 4 times per year
If the appropriate required rate of return (discount rate) is 7%, what is the present value of the annuity stream? 
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Financial Management Theory And Practice
Authors: Eugene F Brigham, Michael C Ehrhardt
11th Edition
0324259689, 9780324259681
