Question
You are offered an investment that will make three payments. The first payment of $8,000 will occur four years from today. The second of $7,000
You are offered an investment that will make three payments. The first payment of $8,000 will occur four years from today. The second of $7,000 will occur in five years, and the third of $6,000 will follow in seven years. If you can earn 11 percent, what is the most this investment is worth today?
A. $12,163.96
B. $12,313.96
C. $14,776.75
D. $12,463.96
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The Handbook Of Sentiment Analysis In Finance
Authors: Gautam Mitra, Xiang Yu
1st Edition
1910571571, 978-1910571576
