Question: Please include with your answer the excel formula used to answer the question (EX. =FV, =PV, =NPER, =RATE) Your professor offers you a contract that
Please include with your answer the excel formula used to answer the question (EX. =FV, =PV, =NPER, =RATE)
| Your professor offers you a contract that will pay you these cash flows--$765 next year, $520 in two years, and $180 in 3 years. | ||||||
| The prevailing interest rate is 4%. What is the maximum amount you should be willing to pay for this contract? | ||||||
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