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please answer qu 2 2. (5 Points) What price are you willing to pay for an investment that promises to pay you SB,000 per year
please answer qu 2
2. (5 Points) What price are you willing to pay for an investment that promises to pay you SB,000 per year for ten years starting now if your required rate of return is 7% ? In addition, this investment will also make a one-time payment to you in year 12 for $6,000. a. $60,121.86 b. $62,785.60 c. $54,785.93 2. (5 Points) What price are you willing to pay for an investment that promises to pay you SB,000 per year for ten years starting now if your required rate of return is 7% ? In addition, this investment will also make a one-time payment to you in year 12 for $6,000. a. $60,121.86 b. $62,785.60 c. $54,785.93 Step by Step Solution
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