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20 An investment promises the cash flow stream provided below. If you reqire an 8 percent return on the investment, how much would you be

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20 An investment promises the cash flow stream provided below. If you reqire an 8 percent return on the investment, how much would you be willing to pay for the investment today? Period Cash Flow $700 $1,600 $2,800 $2,800 00:40:02

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