Marty has been offered an injury settlement of ​$10,000 payable in 3 years.    If​ Marty's opportunity cost is 5​%, what is the present value of the injury​ settlement?   If​ Marty's opportunity cost is 8​%, what is the present value of the injury​ settlement?   If​ Marty's opportunity cost is 12​%, what is the present value of the injury​ settlement?

Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
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 Marty has been offered an injury settlement of

​$10,000 payable in 3 years. 
 
If​ Marty's opportunity cost is 5​%, what is the present value of the injury​ settlement?
 
If​ Marty's opportunity cost is
8​%, what is the present value of the injury​ settlement?
 
If​ Marty's opportunity cost is
12​%, what is the present value of the injury​ settlement?
 
 
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