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If you want to have $9282 available 5 years from today, since you plan to use that money to travel to Europe. If you can
If you want to have $9282 available 5 years from today, since you plan to use that money to travel to Europe. If you can earn a 5% return (per year) on your investment, how much do you need to invest today in order to have this amount available 5 years from now? (Do NOT include the $ sign. Round your final answer to 2 decimal places, e.g. 110.10) What is the present value of a security which is expected to pay $1345 one year from now and whose cash flows will grow at a constant rate of 2.9% forever thereafter? Use a 11.1% discount rate in your calculation. (Do NOT include the \$ sign, comma or any other text. Round your final answer to 2 decimal places, e.g. 110.10) If you expect to receive, from your grandparents, a gift of $1009 in one year, $3523 in 2 years, and $6675 in 3 yrs., calculate the PV of this entire stream of future CFs. Use a 5% discount rate in your calculations. (Do NOT include the $ sign or any other text. Round your final answer to 2 decimal places, e.g. 110.10) If you invest $6796 today, for 5 years at a rate of 12% per year, how much will this amount be worth 5 years from today? (Do NOT include the $ sign. Round your final answer to 2 decimal places, e.g. 110.10)
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