Question: pt 1 pt 2 Exercise 9-4. What is the present value of $1,197.88 per year for 10 years if the required return is 13 percent?

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Exercise 9-4. What is the present value of $1,197.88 per year for 10 years if the required return is 13 percent? Enter your answers as amounts only with neither commas nor decimals ROUNDED TO THE NEAREST HUNDRED. e.g., 8599.99 is rounded to 8600. Exercise 9-6. Suppose you face the prospect of receiving $1,082.28 per year for the next 5 years plus an extra $1,010 payment at the end of 5 years. How much would need to be invested today if this prospect can earn 11%? Enter your answers as amounts only with neither commas nor decimals ROUNDED TO THE NEAREST DOLLAR. e.g., 8599.99 is rounded to 8600

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