A company is considering an investment that would produce payments of ($ 10,000) every six months for
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A company is considering an investment that would produce payments of \(\$ 10,000\) every six months for three years. The first payment would be received in six months. If this company requires an \(8 \%\) annual return, what is the maximum amount it is willing to pay for this investment today?
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Maximum paid 10000 times 52421 underline 52421 using PV of annuity factor from Table B3 i4 n6 Data from Table B3 Periods 1 2 3 4 5 6 7 8 1 09434 09346 ...View the full answer
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