Question
You are considering investing in a security that will pay you $1,000 in 33 years. a.If the appropriate discount rate is 8 percent, what is
You are considering investing in a security that will pay you
$1,000
in
33
years.
a.If the appropriate discount rate is
8
percent,
what is the present value of this investment?
b.Assume these investments sell for
$250
in return for which you receive
$1,000
in
33
years. What is the rate of return investors earn on this investment if they buy it for
$250?
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Day Trading Strategies And Risk Management
Authors: Richard N. Williams
1st Edition
979-8863610528
