Question: Module Two Homework Template - Excel File Home Insert Page Layout Formulas D ata Review View Tell me what you want to do == Wrap
Module Two Homework Template - Excel File Home Insert Page Layout Formulas D ata Review View Tell me what you want to do == Wrap Text * Cut Copy Format Painter Clipboard aste Arial -10A BIU. . . A. Font General $ - % Merge & Center - 89 D Conditional Format as Cel Formatting Table - Style Styles Alignment Number X f P3-4 A C D E G P3- 4 16 points H K L M N No credit will be given if work is not shown. Highlight or bold your answers. You have a trust fund that will pay you $1 million exactly 10 years from today. You want cash now, so you are considering an opportunity to sell the right to the trust fund to an investor a. What is the least you will sell your claim for if you could earn the following rates of return on similar risk investments during the 10-year period? 1.6% 2. 9% 3. 12% (Show your work. Label $. No decimal places required.) b. Rework part (a) under the assumption that the S1 million payment will be received in 15 rather than 10 years. (Show your work. Label S. No decimal places required.) Ooh
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