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2. An investment requires an initial payment of 12,500 and annual payments of 1,700 at the end of each of the first 14 years. Starting
2. An investment requires an initial payment of 12,500 and annual payments of 1,700 at the end of each of the first 14 years. Starting at the end of year 15, the investment returns 9 equal annual payments of x. Determine X to yield an effective rate of 11% over the 23-year period
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Applied Equity Analysis and Portfolio Management Tools to Analyze and Manage Your Stock Portfolio
Authors: Robert A.Weigand
1st edition
978-111863091, 1118630912, 978-1118630914
