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You are considering investing in a security that will pay you $4000 in 27 years. A. if the appropriate discount rate is 11 percent, what
You are considering investing in a security that will pay you $4000 in 27 years.
A. if the appropriate discount rate is 11 percent, what is the present value of this investment?
B. Assume these investments sell for $1304 in return for which you receive $4000 in 27 years. What is the rate of return investors earn on this investment if they buy it for $1304?
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Cost And Management Accounting
Authors: Duncan Williamson
1st Edition
0132059231, 978-0132059237
