Todd was asked what he would pay for an investment that offe

Assignment Help Finance Todd was asked what he would pay for an investment that offe

Finance

Todd was asked what he would pay for an investment that offe

Todd was asked what he would pay for an investment that offered $2,000 a year for the next 42 years…. Show more Todd was asked what he would pay for an investment that offered $2,000 a year for the next 42 years. He required an 11 percent return to make that investment. What should he bid? Excel Help would be great, that is what I am using an am not sure what formula to use. Thanks. M • Show less

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