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

Question

Quizplus · Accepted Answer

The Answer of 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

An Investment Is Expected to Yield $300 in Three Years