Question: Time value Personal Finance Problem Jim Nance has been offered an investment that will pay him $ 7 3 0 7 3 0 three years

Time valuePersonal Finance ProblemJim Nance has been offered an investment that will pay him
$730730
three years from today.
a.If his opportunity cost is
1111%
compounded annually, what value should he place on this opportunity today?
b.What is the most he should pay to purchase this payment today?
c. If Jim can purchase this investment for less than the amount calculated in part

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