An investment is expected to result in equal payments of $ XXXXXXXXXXat the end of each quarter for the next 5 years (ordinary annuity). Compounding: 4 times per year If the appropriate required rate...


An investment is expected to result in equal payments of $9940.00 at the end of each quarter for the next 5 years (ordinary annuity).


Compounding: 4 times per year


If the appropriate required rate of return (discount rate) is 11%, what is the present value of the annuity stream?



Jun 07, 2022
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