An investment offers $6,900 per year for 10 years, with the first payment occurring one...
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Finance
| An investment offers $6,900 per year for 10 years, with the first payment occurring one year from now. |
| If the required return is 5 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 35 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 65 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 | $ |
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