Use the table for the question(s) below.
Suppose the term structure of interest rates is shown below:
-The net present value (NPV) of an investment that costs $2 700 and pays $1 000 at the end of one, three, and five years is closest to:
A) $1 665.62
B) -$100.26
C) $21.47
D) -$71.38
Correct Answer:
Verified
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