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1. How much would you be willing to pay today for an investment that pays $1,000 per year at the end of the next 10
1. How much would you be willing to pay today for an investment that pays $1,000 per year at the end of the next 10 years? Your required rate of return is 5% per year.
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Intermediate accounting
Authors: J. David Spiceland, James Sepe, Mark Nelson
7th edition
978-0077647094
