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An investment will generate $11,000 a year for 20 years. If you can earn 12 percent on your funds and the investment costs $100,000, calculate
An investment will generate $11,000 a year for 20 years. If you can earn 12 percent on your funds and the investment costs $100,000, calculate the present value of investment. Use Appendix D to answer the question. Round your answer to the nearest dollar. $..... 
appendix D
Interest Factors for the Present Value of an Annuity of One Dollar Should you buy it? (Select: yeso)
Calculate the present value of investment, if you could earn only 9 percent. Use Appendix D to answer the question. Round your answer to the nearest dollar. $.....
Should you buy it in this case? (Select:yeso)
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Behavioral Finance And Asset Prices
Authors: David Bourghelle, Pascal Grandin, Fredj Jawadi, Philippe Rozin
1st Edition
3031244850, 978-3031244858
