Answered step by step

Verified Expert Solution

Link Copied!

Question

1 Approved Answer

Posted on Sep 12, 2024

If $10000 is invested in a certain business at the start of the year, the investor will receive $2700 at the end of each of

If $10000 is invested in a certain business at the start of the year, the investor will receive $2700 at the end of each of the next 6 years. What is the present value of this business opportunity if the interest rate is 7% per year?

Step by Step Solution

There are 3 Steps involved in it

Step: 1

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

Step: 3

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

The Wealthtech Book The FinTech Handbook For Investors Entrepreneurs And Finance Visionaries

Authors: Susanne Chishti, Thomas Puschmann

1st Edition

1119362156, 978-1119362159

More Books

Students also viewed these Finance questions

Question

★★★★★

P Ltd owns 20% of B Ltd. In recent months it has been in takeover discussions with A Ltd, and agreement has finally been reached between the different parties on the acquisition by P Ltd of 60% of...

Answered: 1 week ago

Question

★★★★★

5. If you found a species with a high ratio of cones to rods in its retina, what would you predict about its way of lifepg109

Answered: 1 week ago

Question

★★★★★

If you were buying a multiplexer, would you choose TDM or FDM?Why?

Answered: 1 week ago

Question

★★★★★

1. How would you improve and/or change the following form and its contents? 2. Since there are only six employees in the company, how would you adapt the form to meet the needs of this small...

Answered: 1 week ago

Question

★★★★★

Answered: 1 week ago

Question

★★★★★

During the morning hours at a catalog sales department, telephone calls come in at the rate (Poisson) of 45 per hour. Calls that cannot be answered immediately are put on hold. The system can handle...

Answered: 1 week ago

Question

★★★★★

Newells Decision to Downsize: An Ethical Dilemma A particular issue in business ethics is: What exactly does the term ethics mean? Various writers have described ethics as rules that govern behavior,...

Answered: 1 week ago

Question

★★★★★

5. DURATION OF INVERSE FLOATERS Assume that LIBOR rates are risk free. Suppose you have a 10 year note that pays a quarterly coupon of (10% - 2 3mo LIBOR), divided by 4 since this is a quarterly...

Answered: 1 week ago

Question

★★★★★

Choose one of the six macroeconomic debates covered in Chapter 23 of your textbook and take a stand for one side. Explain your position using at least two of the economic tools you've learned in...

Answered: 1 week ago

Question

★★★★★

A business survey randomly sampled 20 different hotels and 20 different log cabins in British Columbia and recorded each of their nightly rates. A natural log transformation was needed in order for...

Answered: 1 week ago

Question

★★★★★

Please help me evaluate this integral. 8 2 2 v - v

Answered: 1 week ago

Question

★★★★★

How can enumerating the questions in a request help both the person who writes the message and the person who responds to it? (Objective 4)

Answered: 1 week ago

Question

★★★★★

Claims and condolences concern negative or unpleasant circumstances. Why are they written using the direct plan? (Objectives 4 and 5)

Answered: 1 week ago

Question

★★★★★

If a writer presents the best news (main idea) in the opening paragraph of a message, why should the receiver read the rest? (Objective 1)

Answered: 1 week ago

Previous Question Next Question