qual to its maturity. 26.T o the nearest dollar, what is the value today of an i
ID: 2787163 • Letter: Q
Question
qual to its maturity. 26.T o the nearest dollar, what is the value today of an investment that pays $15,000 s, assuming an annual opportunity cost of 9%? in seven years, A B C $7,473 $27,421 $8,206 $7,130 None of the above 27. If you invested $700 today and another $1,000 in two years, to the nearest dollar, how much will your investment be worth in seven years.? Assume an 8.4% annual compound return. A $616 B $749 C $1,364 D $2,728 E None of the above 28, How long will it take you to double your money if you can invest at 7.2% per year? a. 9.97 years b. 9.28 years c. 8.62 years d. 7.21 years e. 6.98 years 29, A bond with a par value of $1,000 and a 13% semi-annual coupon rate has 20 years to maturity. Assuming it is priced to yield 10%, compounded semi- annually, what is the market value of the bond, to the nearest dollar? a. $1,187 b. $1,107 c. $1,257 d. $2,373 e. None of the aboveExplanation / Answer
26.
value of the investment today
=future value/(1+r)^n
=15000/(1+9%)^7
=8206
the above is the answer
we do only one question based on Chegg rule.
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