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You have 4 friends that each owe you money. Assume the yield to maturity for all four debts is 17.01% $2700 (Debt due is 7

You have 4 friends that each owe you money. Assume the yield to maturity for all four debts is 17.01%

$2700 (Debt due is 7 years)

$6100 (Debt due is 1 year)

$8000 (Debt due is 8 years)

$4300 (Debt due is 4 years)

Calculate the present value of your combined debt from all four friends.

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