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3. Investment X will pay you $75,000 in 6 years while Investment Y will pay you $9000 a year for 8 years. If your required

3. Investment X will pay you $75,000 in 6 years while Investment Y will pay you $9000 a year for 8 years. If your required return is 6.5%, which is the best investment (show what you are comparing)

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