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This is for my Corporate Finance class. Please reply to me as soon as possible. I will leave dumps up. Question 25 (3 points) Eastinghome
This is for my Corporate Finance class. Please reply to me as soon as possible. I will leave dumps up.
Question 25 (3 points) Eastinghome Inc. just paid $8,000 to a landowner to explore for valuable minerals. If the landowner invests the money at a rate of 5.5% annually, what is the investment worth after 7 years? $5,499.49 $11,637.43 $56,000.00 $66,135.15 Question 26 (3 points) Jim plans to invest money today at an interest rate of 6% compounded annually. His plan is to have $40,000 for the purchase of a car four years from now. How much does he needs to invest today? $50,499.08 $36,384.52 $31,683.75 $9,143.66 Question 27 (3 points) Which of the following could be considered a form of perpetuity? The college tuition payments that students make for four years. A 20-year corporate bond. A university scholarship endowment that promises to pay out $10,000 every year. A contract from the winning lottery ticket to receive cash flows for the next 30 yearsStep by Step Solution
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