An investment product promises to pay $42,000 at the end of 10 years. If an investor feels this investment should produce a rate of return of 12%, compounded annually, what's the most the investor should be willing to pay for the investment? a) $42,000b) $15,146c) $13,523d) $130,446
Answers (1)
Know the Answer?
Not Sure About the Answer?
Find an answer to your question 👍 “An investment product promises to pay $42,000 at the end of 10 years. If an investor feels this investment should produce a rate of return ...” in 📗 Business if the answers seem to be not correct or there’s no answer. Try a smart search to find answers to similar questions.
Search for Other Answers
You Might be Interested in
Sharman Athletic Gear Inc. (SAG) is considering a special order for 15,000 baseball caps with the logo of East Texas University (ETU) to be purchased by the ETU alumni association.
Answers (1)
Which of the following is correct? a. Over the business cycle investment fluctuates more than consumption. b. During recessions employment rises. c. Economic fluctuations are easy to predict. d. Because of government policy the U. S.
Answers (1)
ASsume the following information: Accounts receivable (beginning balance) $140,000 Allowance for doubtful accounts (beginning balance) 11,490 Net credit sales 938,000 Collections 915,000 Write-offs of accounts receivable 5,900 Collections of
Answers (1)
use the concepts of gross and net investment to distinguish between an economy that has a rising stock of capital and one that has a falling stock of capital.
Answers (1)
Behavioral economics A. studies why people optimize. B. studies why people choose not to optimize. C. studies why people sometimes don't optimize. D. studies why people behave badly when buying and selling.
Answers (1)
New Questions in Business
16. What size paper should you use for a legal document? A. 3" x 5" B. 8/2" x 11" C. 872" x 14" D. 74" x 1072"
Answers (2)
Assume an economy where there are two producers: a wheat producer and a bread producer. In a given year, the wheat producer grows 30 million bushels of wheat of which 25 million bushels are sold to the bread producer at $3 per bushel, and 5 million
Answers (1)
A company is just getting started and needs new equipment, but does not have a large amount of cash. Since the company business will also require frequent updating of the equipment, it is better to
Answers (1)
4. Boeing just signed a contract to sell a Boeing 737 aircraft to Air France. Air France will be billed €20 million which is payable in one year. The current spot exchange rate is $1.05/€ and the one-year forward rate is $1.10/€.
Answers (1)
You want to determine the control lines for a "p" chart for quality control purposes. If the total number of defects from all samples is 560, the number of samples is 70, and the sample size is 80, which of the following would be the standard
Answers (1)