A. You expect to receive 5 yearly payments of 1200. If the required rate of...

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Finance

A. You expect to receive 5 yearly payments of 1200. If the required rate of return is 12% and the payments are received at the end of years 1-5, what is the present value of this investment to you today?

B. You expect to receive 5 yearly payments of 1200. If the required rate of return is 12% and the payments are received at the end of years 6-10, what is the present value of this investment to you today?

please explain which formulas or excel funcs you use to solve. thanks!

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