An investment offers $5,900 per year for 15 year ...
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Accounting
An investment offers $5,900 per year for 15 year
| If the required return is 6 percent, what is the value of the investment? (Do not round intermediate calculations and round your final answer to 2 decimal places. (e.g., 32.16)) |
| Present value | $ |
| What would the value be if the payments occurred for 40 years? (Do not round intermediate calculations and round your final answer to 2 decimal places. (e.g., 32.16)) |
| Present value | $ |
| What would the value be if the payments occurred for 75 years? (Do not round intermediate calculations and round your final answer to 2 decimal places. (e.g., 32.16)) |
| Present value | $ |
| What would the value be if the payments occurred forever? (Do not round intermediate calculations and round your final answer to 2 decimal places. (e.g., 32.16)) |
| Present value | $ |
s, with the first payment occurring one year from now
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