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An investment offers $6,000 per year, with the first payment occurring one year from now. The required return is 7 percent. a. What would the
An investment offers $6,000 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 answers to 2 decimal places)
b. what would the value be today if the payments occured for 45 years?
c. What would the value be today if the payments occured for 70 years?
What would the value be today if the payments occurred forever?
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