Question
An investment offers $5,300 per year for 15 years, with the first payment occurring one year from now. If the required return is 6 percent,
| An investment offers $5,300 per year for 15 years, with the first payment occurring one year from now. |
| If the required return is 6 percent, what is the value of the investment? (Do not round intermediate calculations and round your final answer to 2 decimal places, e.g., 32.16.) |
| Present value = |
| What would the value be if the payments occurred for 40 years? (Do not round intermediate calculations and round your final answer to 2 decimal places, e.g., 32.16. |
| Present value = |
| What would the value be if the payments occurred for 75 years? (Do not round intermediate calculations and round your final answer to 2 decimal places, e.g., 32.16.) |
| Present value = |
| What would the value be if the payments occurred forever? (Do not round intermediate calculations and round your final answer to 2 decimal places, e.g., 32.16.) |
| Present value = |
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Global Finance At Risk
Authors: S. Sen
1st Edition
1349420492, 978-1349420490
