Question: please answer using EXCEL functions in excel format E. An investment that you are considering promises to pay $3,000 semiannually for the next three years,
please answer using EXCEL functions in excel format
E. An investment that you are considering promises to pay $3,000 semiannually for the next three years, beginning six months from now. You have determined that the appropriate opportunity cost (discount) rate is 8 percent, compounded quarterly. What is the value of this investment? 10 points)
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