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x Investments has offered you the following investment opportunity: KD 6,000 at the end of each year for the first 5 years, plus KD 3,000

x Investments has offered you the following investment opportunity: KD 6,000 at the end of each year for the first 5 years, plus KD 3,000 at the end of each year from years 6 through 10, plus KD 2,000 at the end of each year from years 11 through 20. i. How much would you be willing to pay for this investment if you required a 12% rate of return? ii. If the payments were received at the beginning of each year, what would you be willing to pay for this investment? Solve it using excel or financial calculator

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