Question
An investment offers 4,000 per year for 10 years, with the first payment occurring one year from now. (Do not include the euro sign ().
An investment offers 4,000 per year for 10 years, with the first payment occurring one year from now. (Do not include the euro sign (). Do not round intermediate calculations. Round your answer to 2 decimal places (e.g., 32.16).) |
Required: | |
If the required return is 9 per cent, what is the value of the investment? |
Present value |
If the required return is 9 per cent, what would the present value be if the payments occurred for 20 years? |
Present value |
If the required return is 9 per cent, what would the present value be if the payments occurred for 50 years? |
Present value |
If the required return is 9 per cent, what would the present value be if the payments occurred forever? |
Present value |
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