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Y5 D Question 29 2.5 pts Suppose you have won second prize in a beauty contest you entered. The prize provides you with a stream
Y5
D Question 29 2.5 pts Suppose you have won second prize in a beauty contest you entered. The prize provides you with a stream of income payments over the next four years. You will receive $448 in year one, $363 in year two, $238 in year three, and $113 in year four. What is the present value of this income stream if the going interest rate is 4%? $945.61 O $1,260.52 O $1,162.00 O $1,074.56Question 30 2.5 pts Suppose Bartleby Gaines is a university administrator at the South Harmon Institute of Technology, and he is looking at the market for human capital investment. If the demand for investment in human capital decreases, then interest rates will the cost of investment will and the amount of education investment will increase: increase; decrease O decrease, decrease; increase increase; Increase; Increase O decrease: decrease: decreaseStep by Step Solution
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