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An investment offers $5,300 per year, with the first payment occurring one year from now. The required return is 6 percent. a. What would the
An investment offers $5,300 per year, with the first payment occurring one year from now. The required return is 6 percent. a. What would the value be today if the payments occurred for 15 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 40 years? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g.. 32.16.) What would the value be today if the payments occurred for 75 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.... 32.16.) C. a Present value of 15 annual payments b Present value of 40 annual payments CA Present value of 75 annual payments d. Present value of annual payments forever * ences
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