Question: Problem 4 - 1 3 Calculating Annuity Present Value An investment offers $ 5 , 9 0 0 per year for 1 5 years, with
Problem Calculating Annuity Present Value
An investment offers $ per year for years, with the first payment occurring one year from now.
a
If the required return is percent, what is the value of the investment today? Do not round intermediate calculations and round your answer to decimal places, eg
b What would the value today be if the payments occurred for years? Do not round intermediate calculations and round your answer to decimal places, eg
c What would the value today be if the payments occurred for years? Do not round intermediate calculations and round your answer to decimal places, eg
d What would the value today be if the payments occurred forever? Do not round intermediate calculations and round your answer to decimal places, eg
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