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Author Question: Drew receives an inheritance that pays him $50,000 every three months for the next two years. Which ... (Read 54 times)

tiffannnnyyyyyy

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on: Jul 9, 2019
Drew receives an inheritance that pays him $50,000 every three months for the next two years.  Which of the following is closest to the present value (PV) of this inheritance if the interest rate is 8.5% (EAR)?
◦ $354,223
◦ $365,322
◦ $364,309
◦ $400,000
Fundamentals of Corporate Finance ¦ Berk, DeMarzo, Harford ¦ 2nd Edition
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Marked as best answer by tiffannnnyyyyyy on Jul 9, 2019

IRincones

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Reply #1 on: Jul 9, 2019
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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tiffannnnyyyyyy

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Reply 2 on: Jul 9, 2019
Thanks for the timely response, appreciate it

steff9894

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Reply 3 on: Yesterday
Excellent

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