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    scorpio06's Avatar
    scorpio06 Posts: 1, Reputation: 1
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    #1

    Sep 20, 2010, 05:15 AM
    Finance problem solver
    Sarah is thinking about purchasing an investment from HiBond investing. If she buys the investment, sarah will receive $100 every three months for five years.The first $100 payment will be made as soon as she purchases the investment.If sarah's required rate of return is 16 percent, to the nearest dollar, how much should she be willing to pay for this investment
    morgaine300's Avatar
    morgaine300 Posts: 6,561, Reputation: 276
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    #2

    Sep 21, 2010, 12:07 AM

    Please see the guidelines for posting homework problems:
    https://www.askmehelpdesk.com/financ...-b-u-font.html
    morgaine300's Avatar
    morgaine300 Posts: 6,561, Reputation: 276
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    #3

    Sep 21, 2010, 12:57 AM

    You can always read this thread to get some insight on these types of problems, but you also still need to make an attempt on your own to solve it first:
    https://www.askmehelpdesk.com/financ...ns-509163.html
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