You are considering an investment that promises to pay $500 every week for 2 years with the
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Question:
You are considering an investment that promises to pay $500 every week for 2 years with the first payment made immediately. If the opportunity cost of the investment is 10% p.a. compounded quarterly, what is the investment’s value today?
A: $47,141.27
B: $47,089.12
C: $46,605.89
D: $47,179.67
E: $47,230.90
Related Book For
Project management the managerial process
ISBN: 978-0073403342
5th edition
Authors: Eric W Larson, Clifford F. Gray
Posted Date: