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An investment offers $3,000 per year for 15 years, with the first payment occurring one year from now. If the required return is 6 percent,
An investment offers $3,000 per year for 15 years, with the first payment occurring one year from now. If the required return is 6 percent, what is the value of the investment?
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Entrepreneurial Finance
Authors: M. J. Alhabeeb
1st Edition
1118691512, 978-1118691519
