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3. An investor will be willing to pay $______ today for a money machine that will produce $1,000 four years from today. Assume the appropriate
3. An investor will be willing to pay $______ today for a money machine that will produce $1,000 four years from today. Assume the appropriate interest rate is 10% AND IT IS COMPOUNDED QUARTERLY.
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International Financial Management
Authors: Cheol Eun, Bruce G. Resnick
8th edition
125971778X, 978-1259717789
