Question: canvas uses 'double rounding'. ( So , when rounding to the nearest hundredth, 0 . 2 6 4 5 rounds first to 0 . 2

canvas uses 'double rounding'. (So, when rounding to the nearest hundredth, 0.2645 rounds first to 0.265, and then to 0.27.) Please answer all questions
Question 1
You will sell several risky assets at various times. What is the combined present value of your assets? (Round to the nearest dollar.)
Asset I has a cost of capital of 7% and will be sold for $12k in 5 years.
Asset II has a cost of capital of 7% and will be sold for $12k in 5 years.
Asset III has a cost of capital of 7% and will be sold for $12k in 6 years.
Question 2
What is the rate of return if you have an asset that is worth $24k today and you sell it for $35k in 10 years? (Answer as a decimal and round to the nearest ten thousandth)
Question 3
You hold an asset that has a cost of capital of 2% and is expected to produce multiple cashflows for you. One cashflow occurs in 3 years from today and is expected to be $1k. The only other cashflow is expected to be $7k in 5 years from today. What is the present value of your asset? (Round to the nearest dollar) Question 4
You hold an asset that has a cost of capital of 6%, a present value of $7k, and is expected to produce multiple cashflows for you. One cashflow occurs in 5 years from today and is expected to be $X. The only other cashflow is expected to be $3k in 9 years from today. What is X?(Round to the nearest dollar)
Question 5
You own an asset that is expected to make identical annual cashflows of $7.2 forever. What is the present value of the asset if the cost of capital is 2.7%?(Express your answer as a decimal. Round to the nearest cent)

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