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An investment offers $5,200 per year, with the first payment occurring one year from now.The required return is 7 percent. a. What would the value
An investment offers $5,200 per year, with the first payment occurring one year from now.The required return is 7 percent. |
a. | What would the value be today if the payments occurred for 20 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 45 years? (Do not round intermediate calculations and round youranswer to 2 decimal places, e.g., 32.16.) |
c. | What would the value be today if the payments occurred for 70 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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