I have an investment that will pay me $20 every quarter for the next 5 years. Assuming

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I have an investment that will pay me $20 every quarter for the next 5 years. Assuming that I want a 12% return compounded quarterly, what price should I pay for the investment?

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Investments

ISBN: 9780073530703

9th Edition

Authors: Zvi Bodie, Alex Kane, Alan J. Marcus

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Question Posted: Feb 15, 2018 07:51 AM

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I have an investment that will pay me $20 every quarter for the next 5 years. Assuming

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Present value of annuity P 1 1 1 r n r r is ...View the full answer

Investments

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