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Corporate Finance FIN3030
Week 1, Assignment 3: Quantitative Exercises and Valuation
Part One: Application, Time Value of Money Calculations
1. Future Value. What is the future value of
a. $572 invested for 5 years at 15 percent compounded annually?
b. $449 invested for 15 years at 14 percent compounded annually?
2. Present Value. What is the present value of
a. $592 to be received 8 years from now at a 14 percent discount rate?
b. $1167 to be received 7 y