Question: Question 5 1 5 p t s You are considering an investment that promises to pay the following: $ 1 , 0 0 0 in

Question 5
15pts
You are considering an investment that promises to pay the following:
$1,000 in year-1
$2,000 in year-3
$5,000 year -10
The interest rate associated with investments having similar risk is 10.0%.
How much would you be willing to pay for this investment?
Hint: use a timeline and show work. Do NOT merely type a numerical response without showing the calculation. (15 points)

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