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Q12) What is the most you would be willing to pay for a investment that will pay you $771.00 in one year, $164.00 in two
Q12) What is the most you would be willing to pay for a investment that will pay you $771.00 in one year, $164.00 in two years, and $667.00 in three years, if your required rate of return for this type of investment is 9.29% ? (1.5 points) |
When inputting an answer, round your answer to the nearest 2 decimal places. If you need to use a calculated number for further calculations, DO NOT round until after all calculations have been completed. For the final answer, Round to 2 decimal places. | |||
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