Question
uppose you have an investment project that will pay you 100 dollars per year FOREVER, and the first payment will start at the end of
uppose you have an investment project that will pay you 100 dollars per year FOREVER, and the first payment will start at the end of YEAR 6. Assume that the interest rate is always 8%, which one of the below would be the value of the investment today (present value)?
| $787.71 | ||
| $850.73 | ||
| $1,250 | ||
| $1,586.87 |
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Handbook Of Research Methods And Applications In Empirical Finance
Authors: Adrian R. Bell, Chris Brooks, Marcel Prokopczuk
1st Edition
1782540172, 978-1782540175
