Question
Question 5 An investment will pay you $500 at the end of each of the next 2 years, $400 at the end of year 3,
Question 5
An investment will pay you $500 at the end of each of the next 2 years, $400 at the end of year 3, $300 at the end of year 4, and $150 at the end of year 5. If other investments of equal risk earn 5.5% annually, what should you be willing to pay for this investment today? Use excel TVM functions to solve.
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Stock Market Investing For Beginners
Authors: George Graham
1st Edition
1914346432, 978-1914346439
