Help with investing question.

Discussion in 'Trading' started by Kastro_316, Oct 6, 2005.

  1. I am stuck on this question, and my financial calculator does not have the stupid CFi function. Does anyone know the formula for getting the answer?


    "If you require a 16% return on your investment, how much would you be willing to pay for 100 shares of stock which you estimate will return you the following amounts:
    end of year 1 $ 25
    " 2 45
    " 3 50
    " 4 0
    " 5 350



    Thanks everyone
    -kastro