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An investment is expected to yield $300 in three years, $500 in five years, and $300 in seven years. ...

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An investment is expected to yield $300 in three years, $500 in five years, and $300 in seven years. ...

An investment is expected to yield $300 in three years, $500 in five years, and $300 in seven years. What is the present value of this investment if our opportunity rate is 5%?
A) $735
B) $865
C) $885
D) $900

Textbook

Financial Management: Principles and Applications

Edition: 13^th

Authors: Titman, Keown, Martin

Read 51 times

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