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How do you calculate present value with a Texas instrument calculator (BA II Plus). Example: Annual payments are: Dec. 31/ 2xx1 $6,000 Dec.31/2xx2 6,000 Dec31/2xx3 6,000 Dec31/2xx4 10,000 interest rate is 6% compounded semi-annually.
Jack Hammer invests in stock that will pay dividends of $2.00 at the end of the first year; $2.20 at the end of the second year; and $2.40 at the end of the third year. Also, he believes that at the end of the third year he will be able to sell the stock for #33.00. What is the present value of all...
Need assistance... Jack Hammer invests in a stock that will pay dividends of $2 at the end of the first year; $2.20 at the end of the second year; and $2.40 at the end of year three. Also, he believes that at the end of the third year he will be able to sell the stock for $33. What is the...
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