Which of the following is the approximate internal rate of return for an Investment that costs $67,080 and provides a $16,000 annuity for 10 years? ( PV of $1 and PVA of $1. Note: Use appropriate factor(s) from the tables provided. Multiple Choice O O 17% 22% 20% Next >>

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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Question
Which of the following is the approximate internal rate of return for an investment that costs $67,080 and provides a $16,000 annuity for 10 years? (
PV of $1 and PVA of $1.
Note: Use appropriate factor(s) from the tables provided.
Multiple Choice
O
17%
22%
20%
< Prev 13 of 35 Next >
2
Transcribed Image Text:Which of the following is the approximate internal rate of return for an investment that costs $67,080 and provides a $16,000 annuity for 10 years? ( PV of $1 and PVA of $1. Note: Use appropriate factor(s) from the tables provided. Multiple Choice O 17% 22% 20% < Prev 13 of 35 Next > 2
1123456789m123456 7 8 9 20
20%
8.943396 8.934579 0.925926 0.917431 6-909091 0.892857 0.877193 6.862869 0.833333
6889996 10.873439 02857399 684168 13-626446 0.797194 0.769468 0.743163
6、839619 9.816298 0.793632 0.772163 8.751315 0711780 6.674972 18.648658 0.578704
6,792694 3.762895 0755038 201708425 10.1683815 0.635518 0.592686 2552291 6.482253
8.747258 0.712986 0.560563 0.649931 0.620921 0.567427 0.519369 0.476113 0.401878
0.666342 0.639176
0564474 0.586631
T.410442
0-622756
0.134588
8.112157
en les
Depen
60-790315 0.746215
0.759918 0719681 0.665057
0 585490 0.547034 10.513158 0.452349 0.399637 0.353830 日 279687
0-627412
0.540269 8.591866 0.466507 9-403383 0.358559 3658725 8.232568
9.591898 0.543934 0.580249 0.468428 0.424098 0.360610 0.307568 8.262953 0.1938072
0.613913
6 506349 0.4531933 0.422411 0.385543 0.321973 0.269744 0.226684 0.161505
0.584679
8:649581
0.475093
8.526788
0428883 8.387533 10.350494
9.195417
8-287476 0.236617
0556637
0.444812 0.397114
0614597
6.496969
0.355535 6318631 0.25675
日 1684
3. 207559
9.530321 6-468839 0.414964
0.660574
0.367698 0.326179 8.289664 0.229174
0.145227
0.182069
0-505068
0.299246
OSTATS
0.387817
0 269391
0.159710 @.125195
10.224620
0.239392
3.149696
D 964965
0.315242
9.182696
8.107927
0.274538
8.251870 0.217629
6、393646
9193941
0.338735
0.163122
0.054088
01-291890
8.122892
6.458112
0.145644
0.197845
0.197800 6.98020 0.9450755
0.231073
0.436297 0.371364 0.316574 0.270269
0.094561
DG57561
10.130646
8.179859
0.869144
0.211994
0256249
8.350344 0295864
0.163508 0.116107 3. 082943 D1659607
0.194490
8.330513 8.276508 0.231712
0.072762
0.183667
B05131 6 52936年
9.148644
0*14546 8.178431
0.311805 8.258419
6. 6946
0.481017
0.417265
6-362446
0.555265
0.533903
金
0.415521
0.395734
0.961538 0.952381
0-924556
6-586996 0.863838
588219276783526
6-792587
TABLE 2
n123456789015nu150pme
0.513373
3.493626
0.456387
Present Value of an Annuity of $1
0.961538 0955381
1856695 1.859416 1.833393
2.723246
3.775091
3.623895
3.545951
3,451822 4.929177
新
2.673912
3.465105
4.212364
1917324
5.875652
5.242137
5.582381
5.736373
6.002055
6.209794
6.463213
16.732745
6.801692 6.515232
1.435532
7.21793 7:360387
8.110996
8760477 8.306414
7.498674
7.947636
8.357691
推
8.917431
0.925926
6.909091
0.934579
1.759111 1.735537
1.783265
1.898018
2.531295 2.486852
2577697
2.624316
3.169865
3.239720
3.312127
3 387211
3.790787
3.889651
4.190197 3. 992719
1.355260
1.485919
4.622580
4.766543
4.563757
4.868419
5.032953
5.206370
5 389289
4.967640
5.334926
5.534819
5.746639
5.971299
5,328250
5,759024
5995242
6.246888
6.41765 6.144567
6.710991
7.138964 6-805191
7.169725
7.536078
7,486924
7:903776
11.116307 10.37515日 9.712129
117652296 10 637770 18 1056959446643
12 1656691127486610 41726897632起国
12.65929710659587 19627585 10059687
HELESTE
ERPAN_PS15US
8.559479 8,060688
B.312558
6851369
67563
5160352 北非和国道
MacBook Air
0892857
1990351
3
1.646661
2.321632 2.24584
2.798181
务 274294
3,037349 2913712
3433081
33.604775
咨询6847363
13.888663
4.11467
4,28805 31-038565
7.638863
4.946372
5.937699
6.194374
16、81269
6.423548
7.103356
33666873 2628168
3606069
3219
8021553
5.452733
话:973986 19965068
7.249670
1943591
4.506544
4.833222
15.197107
5.34可以
5.575456
2.58873元
3.3255 19
4.610562
4.729561
4.776632
西街
581848 4.612195
DS155
Transcribed Image Text:1123456789m123456 7 8 9 20 20% 8.943396 8.934579 0.925926 0.917431 6-909091 0.892857 0.877193 6.862869 0.833333 6889996 10.873439 02857399 684168 13-626446 0.797194 0.769468 0.743163 6、839619 9.816298 0.793632 0.772163 8.751315 0711780 6.674972 18.648658 0.578704 6,792694 3.762895 0755038 201708425 10.1683815 0.635518 0.592686 2552291 6.482253 8.747258 0.712986 0.560563 0.649931 0.620921 0.567427 0.519369 0.476113 0.401878 0.666342 0.639176 0564474 0.586631 T.410442 0-622756 0.134588 8.112157 en les Depen 60-790315 0.746215 0.759918 0719681 0.665057 0 585490 0.547034 10.513158 0.452349 0.399637 0.353830 日 279687 0-627412 0.540269 8.591866 0.466507 9-403383 0.358559 3658725 8.232568 9.591898 0.543934 0.580249 0.468428 0.424098 0.360610 0.307568 8.262953 0.1938072 0.613913 6 506349 0.4531933 0.422411 0.385543 0.321973 0.269744 0.226684 0.161505 0.584679 8:649581 0.475093 8.526788 0428883 8.387533 10.350494 9.195417 8-287476 0.236617 0556637 0.444812 0.397114 0614597 6.496969 0.355535 6318631 0.25675 日 1684 3. 207559 9.530321 6-468839 0.414964 0.660574 0.367698 0.326179 8.289664 0.229174 0.145227 0.182069 0-505068 0.299246 OSTATS 0.387817 0 269391 0.159710 @.125195 10.224620 0.239392 3.149696 D 964965 0.315242 9.182696 8.107927 0.274538 8.251870 0.217629 6、393646 9193941 0.338735 0.163122 0.054088 01-291890 8.122892 6.458112 0.145644 0.197845 0.197800 6.98020 0.9450755 0.231073 0.436297 0.371364 0.316574 0.270269 0.094561 DG57561 10.130646 8.179859 0.869144 0.211994 0256249 8.350344 0295864 0.163508 0.116107 3. 082943 D1659607 0.194490 8.330513 8.276508 0.231712 0.072762 0.183667 B05131 6 52936年 9.148644 0*14546 8.178431 0.311805 8.258419 6. 6946 0.481017 0.417265 6-362446 0.555265 0.533903 金 0.415521 0.395734 0.961538 0.952381 0-924556 6-586996 0.863838 588219276783526 6-792587 TABLE 2 n123456789015nu150pme 0.513373 3.493626 0.456387 Present Value of an Annuity of $1 0.961538 0955381 1856695 1.859416 1.833393 2.723246 3.775091 3.623895 3.545951 3,451822 4.929177 新 2.673912 3.465105 4.212364 1917324 5.875652 5.242137 5.582381 5.736373 6.002055 6.209794 6.463213 16.732745 6.801692 6.515232 1.435532 7.21793 7:360387 8.110996 8760477 8.306414 7.498674 7.947636 8.357691 推 8.917431 0.925926 6.909091 0.934579 1.759111 1.735537 1.783265 1.898018 2.531295 2.486852 2577697 2.624316 3.169865 3.239720 3.312127 3 387211 3.790787 3.889651 4.190197 3. 992719 1.355260 1.485919 4.622580 4.766543 4.563757 4.868419 5.032953 5.206370 5 389289 4.967640 5.334926 5.534819 5.746639 5.971299 5,328250 5,759024 5995242 6.246888 6.41765 6.144567 6.710991 7.138964 6-805191 7.169725 7.536078 7,486924 7:903776 11.116307 10.37515日 9.712129 117652296 10 637770 18 1056959446643 12 1656691127486610 41726897632起国 12.65929710659587 19627585 10059687 HELESTE ERPAN_PS15US 8.559479 8,060688 B.312558 6851369 67563 5160352 北非和国道 MacBook Air 0892857 1990351 3 1.646661 2.321632 2.24584 2.798181 务 274294 3,037349 2913712 3433081 33.604775 咨询6847363 13.888663 4.11467 4,28805 31-038565 7.638863 4.946372 5.937699 6.194374 16、81269 6.423548 7.103356 33666873 2628168 3606069 3219 8021553 5.452733 话:973986 19965068 7.249670 1943591 4.506544 4.833222 15.197107 5.34可以 5.575456 2.58873元 3.3255 19 4.610562 4.729561 4.776632 西街 581848 4.612195 DS155
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