What is the present value of a security that will pay $29,000 in 20 years if securities

Question:

What is the present value of a security that will pay $29,000 in 20 years if securities of equal risk pay 5% annually?

Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For book-img-for-question

Fundamentals of Financial Management

ISBN: 978-1305635937

Concise 9th Edition

Authors: Eugene F. Brigham

See More Books

Question Posted: Apr 06, 2018 02:29 AM

See More Questions

What is the present value of a $100 perpetuity if the interest rate is 7%? If interest rates doubled to 14%, what would its present value be?
What is the present value of a $900 annuity payment over five years if interest rates are 8 percent?
What is the present value of a $700 annuity payment over six years if interest rates are 10 percent?
For the spherical coordinate system (R, , ) in Fig. 1.6, show that: Fig 1.6 X @3 0 Ex R e2 en ee X2
In how many product categories do Procter & Gamble products compete?
Compare and contrast the five forces affecting the cruise industry, fashion industry, airline industry, and automobile industry (1) on a worldwide basis (2) in your country. Which industry holds more...
We continue our study of term life insurance demand from Chapters 3 and 4. Specifically, we examine the 2004 Survey of Consumer Finances (SCF), a nationally representative sample that contains...
Using the information for Sarot, Inc., in SE 4 and SE 5 compute the profit margin, asset turnover, return on assets, and return on equity for 2011 and 2012. In 2010, total assets were $400,000 and...
Sandy Copper uses the Mookie The Beagle Concierge app during one of her unplanned business trips to request pet care services for Remy, her rescue dog. Services provided by Mookie The Beagle...
The financial statements of Jewel Ltd and its subsidiary Opal Ltd are shown below: Income Statement and Partial Statement of Changes in Equity For the Year Ended 31 December 20x2 Sales Operating...
The Corrigan Corporations 2015 and 2016 financial statements follow, along with some industry average ratios. a. Assess Corrigans liquidity position, and determine how it compares with peers and how...
Your parents will retire in 19 years. They currently have $350,000 saved, and they think they will need $800,000 at retirement. What annual interest rate must they earn to reach their goal, assuming...
Identify all of the different stakeholder groups and comment on their roles in corporations.
A pillar of feminist theory is that humans must learn to live in ways that share power. Egalitarian relationships, rather than hierarchical, are the goal. Yet the therapist has the benefit of title,...
How much fainter in apparent brightness is the z = 0.8 supernova explosion in cosmology (3) (m = 0.3, = 0.7) as opposed to cosmology (1) (m = 1, = 0).
Widgets, Inc Option., has offices in London and Paris Option. The IT team has been directed to deploy IPv6 for test VLANs in both cities in anticipation of the eventual requirement of using IPv6...
While out on bail pending her trial for drunk driving, Glenda drove to the other end of town. She drank four beers at the Sand Bar and two at the High Bar, establishments that are a kilometre apart....
Tnami Pty Ltd held its board of directors meeting on 6 January 2023. At that meeting, the board decided to borrow an additional $300m in order to expand into a new line of business manufacturing...
Suppose that on a perfectly still day, a sailboat enthusiast decides to bring along a powerful battery-operated fan in order to provide an air current for his sail, as shown in the diagram. a. What...
Information graphics, also called infographics, are wildly popular, especially in online environments. Why do you think infographics continue to receive so much attention? How could infographics be...
The Wendt Corporation had $10.5 million of taxable income. a. What is the companys federal income tax bill for the year? b. Assume the firm receives an additional $1 million of interest income from...
The Wendt Corporation had $10.5 million of taxable income. a. What is the companys federal income tax bill for the year? b. Assume the firm receives an additional $1 million of interest income from...
The Wendt Corporation had $10.5 million of taxable income. a. What is the companys federal income tax bill for the year? b. Assume the firm receives an additional $1 million of interest income from...
Given the function. f(x) = ln (2x+3x) Compute f'(x). Enter your answer rounded to the nearest tenth
A motor-cycle manufacturing company desires a profit of $600,000. The fixed costs are $800,000. The unit selling price of the motor-cycle is $750 and the variable cost per unit is $680. How many...
3. ZR Corporation's stock has a beta coefficient equal to 0.8 and a required rate of return equal to 11 percent. If the expected rate of return on the market is 12.5 percent, what is the risk-free...

What is the present value of a security that will pay $29,000 in 20 years if securities

Question:

Step by Step Answer:

PV 5 29000105 20 2900026532977 10929...View the full answer

Fundamentals of Financial Management

Students also viewed these Finance questions