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Posted by: Homeworkhelp
Price Quoted by Student: $2
Posted On: 2011-08-23 02:02:22
 
Question

6-4 John has an investment opportunity that promises to pay him $16,000 in four years. He could earn a 6%

ANSWER KEY 6-4 Present value; single amount

John has an investment opportunity that promises to pay him $16,000 in four years. He could earn a 6% annual return investing his money elsewhere. What is the maximum amount he would be willing to invest in this opportunity?


Solutions
ANSWER KEY Brief Exercise 6-4 John would be
Price $2
Attachment 1: 6-4 John has.doc
Solution Posted By: Homeworkhelp    Posted on: 23-08-2011