Peter Lynchpin wants to sell you an investment contract that pays equal ($10,000) amounts at the end
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Peter Lynchpin wants to sell you an investment contract that pays equal \($10,000\) amounts at the end of each of the next 20 years. If you require an effective annual return of 14 percent on this investment, how much will you pay for the contract today?
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Related Book For 
Fundamentals Of Corporate Finance
ISBN: 9780072313000
5th Edition
Authors: Stephen A Ross, Randolph W Westerfield
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