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4. What is it worth? a. Assume someone offers you an investment which promises to pay 400k in year 1,500k in year 2,600k in year

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4. What is it worth? a. Assume someone offers you an investment which promises to pay 400k in year 1,500k in year 2,600k in year 3 and 700k in year 4 . If you want to make at least 10%, what would you be willing to pay for this investment? b. What is you wanted to make 15% c. What if you only wanted to earn 8% d. What is the general relationship between the required return and value

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