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An investment is expected to yield $300 in three years, $500 in five years, and $300 in seven years. What is the present value of
An investment is expected to yield $300 in three years, $500 in five years, and $300 in seven years. What is the present value of this investment if the 3. interest rate is .05? Instruction: Type your answer in dollars, and round to two decimal places. E.g., if your answer is $77.77, you should type ONLY the number 77.77 , neither $77.77,78, nor 77.8 . Otherwise, Blackboard will treat it as a wrong answer. Selected Answer: 4976.14 wrong answer Response Feedback: If the payments are not regular, than it isn't an annuity. What's the original way to get the PV of cash flows
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