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Question: you are considering two investment options in option a you...

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You are considering two investment options. In option A, you have to invest $6,000 now and S1,000 three years from now. In option B, you have to invest $3,400 now, $1,800 a year from now, and $1,100 three years from now. In both options, you will receive four annual payments of $2,300 each. (You will get the first payment a year from now. Which of these options would you choose based on (a) the conventional payback criterion, and (b) the present worth criterion, assuming 8% interest? Assume that all cash flows occur at the end of a year. Click the icon to view the interest factors for discrete compounding when i-8% per year. (a) The conventional payback period for option A is years. (Round to the nearest whole number place.)You are considering two investment options. In option​ A, you have to invest ​$6000 now and ​$1 000

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