Question: Term in years: 1 2 3 4 5 Rate: 18% 2.25% 2.30% 2.66% 3.13% The table above shows the interest rates available from investing in
Term in years: 1 2 3 4 5 Rate: 18% 2.25% 2.30% 2.66% 3.13% The table above shows the interest rates available from investing in risk-free U.S. Treasury with different investment terms. What is the present value (PV) of cash flows from an investment that yields exist3,000 at the end of each year for the next four years? A. exist9, 056 B. exist13.583 C. exist15, 847 D. exist11, 319
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