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2. The Santisteban firm wants to determine what you must pay to buy an investment that could give you cash flows of $ 11,000 at

2. The Santisteban firm wants to determine what you must pay to buy an investment that could give you cash flows of $ 11,000 at the end of each of the next 7 years. The required return is 12% per annum, compounded semi- annually

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