An investment offers $6,200 per year for 20 years, with the first payment occurring one year from

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An investment offers $6,200 per year for 20 years, with the first payment occurring one year from now.

If the required return is 7 percent, what is the value of the investment?

What would the value be if the payments occurred for 45 years?

What would the value be if the payments occurred for 70 years?

What would the value be if the payments occurred forever?

Related Book For answer-question

Investments An Introduction

ISBN: 978-0324561388

9th Edition

Authors: Herbert B Mayo

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Posted Date: Jan 03, 2021 11:51 AM

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An investment offers $6,200 per year for 20 years, with the first payment occurring one year from

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Investments An Introduction

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