$52,460 payable at the end of the seventh, eighth, ninth, and tenth periods at 11%. (Round factor values to 5 decimal places, e.g. 1.25124 and final answer to O decimal places, e.g. 458,581.) Present value $

$52,460 payable at the end of the seventh, eighth, ninth, and tenth periods at 11%. (Round factor values to 5 decimal places, e.g. 1.25124 and final answer to O decimal places, e.g. 458,581.) Present value $

Essentials Of Investments

11th Edition

ISBN:9781260013924

Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.

Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.

Chapter1: Investments: Background And Issues

Section: Chapter Questions

Problem 1PS

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$52,460 payable at the end of the seventh, eighth, ninth, and tenth periods at 11%. (Round factor values
to 5 decimal places, e.g. 1.25124 and final answer to O decimal places, e.g. 458,581.)
Present value $

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Click here to view factor tables What is the present value of 9 receipts of $2,720 each received at the beginning of each period, discounted at 9% compounded interest? (Round factor values to 5 decimal places, e.g. 1.25124 and final answer to O decimal places, e.g. 458,581.) The present value $
Click here to view the factor table. (For calculation purposes, use 5 decimal places as displayed in the factor table provided.) (a) What is the present value of $29,000 due 11 periods from now, discounted at 6%? (Round answer to 2 decimal places, e.g. 25.25.) Present value $ (b) What is the present value of $29,000 to be received at the end of each of 11 periods, discounted at 5%? (Round answer to 2 decimal places, e.g. 25.25.) Present value 16167.43 $ 224056.60
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