Present Value Computations Assuming that money is worth 10%, compute the present value of: 1. $15,000 received 15 years from today. $ 2. The right to inherit $4,250,000 14 years from now. $ 3. The right to receive $11,000 at the end of each of the next six years. $ 4. The obligation to pay $10,000 at the end of each of the next 10 years. $ 5. The right to receive $19,000 at the end of the 7th, 8th, 9th, and 10th years from today. $
Present Value Computations Assuming that money is worth 10%, compute the present value of: 1. $15,000 received 15 years from today. $ 2. The right to inherit $4,250,000 14 years from now. $ 3. The right to receive $11,000 at the end of each of the next six years. $ 4. The obligation to pay $10,000 at the end of each of the next 10 years. $ 5. The right to receive $19,000 at the end of the 7th, 8th, 9th, and 10th years from today. $
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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Transcribed Image Text:Present Value Computations
Assuming that money is worth 10%, compute the present value of:
1. $15,000 received 15 years from today.
$
2. The right to inherit $4,250,000 14 years from now.
$
3. The right to receive $11,000 at the end of each of the next six years.
$
4. The obligation to pay $10,000 at the end of each of the next 10 years.
$
5. The right to receive $19,000 at the end of the 7th, 8th, 9th, and 10th years from today.
$
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