1. A Certificate Deposit will be worth $55,000 in five years when it matures. If your required rate of return is 15%, how much you are willing to pay for this CD? Assuming compounding annually. a. 37,598.66 b. 39,879.47 c. 31,446.43 d. 29,661.33 e. 27,344.72. Get Finance homework help today
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