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You are considering an investment that will pay you: $3,000 per year for 10 years, with the first payment coming 1 year from today and

You are considering an investment that will pay you: $3,000 per year for 10 years, with the first payment coming 1 year from today and subsequent payments coming 1 year apart, PLUS $100,000 in 10 years What is the most you are willing to pay for this investment assuming: The appropriate interest rate is 2% The appropriate interest rate is 3% The appropriate interest rate is 4%

Please use formula, not excel

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Intermediate Financial Management

Authors: Eugene F. Brigham, Phillip R. Daves

11th edition

978-1111530266

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