You are looking into an investment that will pay you ($12,000) per year for the next 10

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You are looking into an investment that will pay you

\($12,000\) per year for the next 10 years. If you require a 15 percent return, what is the most you would pay for this investment?

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Fundamentals Of Corporate Finance

ISBN: 9780072313000

5th Edition

Authors: Stephen A Ross, Randolph W Westerfield

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