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An investment offers $5,100 per year, with the first payment occurring one year from now. The required return is 5 percent. a. What would the
An investment offers $5,100 per year, with the first payment occurring one year from now. The required return is 5 percent. |
a. | What would the value be today if the payments occurred for 10 years? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) |
b. | What would the value be today if the payments occurred for 35 years? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) |
c. | What would the value be today if the payments occurred for 65 years? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) |
d. | What would the value be today if the payments occurred forever? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) |
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