If you invest $4,874 in a long-term venture, you will receive $1,035 per year forever. Assuming your interest rate is 11% per year, what is the capitalized worth of your investment? Choose the closest answer below. OA. The capitalized worth of your investment is $4,764. OB. The capitalized worth of your investment is $4,535. C. The capitalized worth of your investment is $3,934. OD. The capitalized worth of your investment is $3,942.
If you invest $4,874 in a long-term venture, you will receive $1,035 per year forever. Assuming your interest rate is 11% per year, what is the capitalized worth of your investment? Choose the closest answer below. OA. The capitalized worth of your investment is $4,764. OB. The capitalized worth of your investment is $4,535. C. The capitalized worth of your investment is $3,934. OD. The capitalized worth of your investment is $3,942.
Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
Section: Chapter Questions
Problem 1PS
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![(algorithmic)
Choose the closest answer below.
O Points: 0 of 1
K
If you invest $4,874 in a long-term venture, you will receive $1,035 per year forever. Assuming your interest rate is 11%
per year, what is the capitalized worth of your investment?
OA. The capitalized worth of your investment is $4,764.
OB. The capitalized worth of your investment is $4,535.
OC. The capitalized worth of your investment is $3,934.
OD. The capitalized worth of your investment is $3,942.
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Transcribed Image Text:(algorithmic)
Choose the closest answer below.
O Points: 0 of 1
K
If you invest $4,874 in a long-term venture, you will receive $1,035 per year forever. Assuming your interest rate is 11%
per year, what is the capitalized worth of your investment?
OA. The capitalized worth of your investment is $4,764.
OB. The capitalized worth of your investment is $4,535.
OC. The capitalized worth of your investment is $3,934.
OD. The capitalized worth of your investment is $3,942.
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