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An investment offers $ 4 , 2 7 0 per year for 1 5 years, with the first payment occurring one year from now. a
An investment offers $ per year for years, with the first payment occurring one year from now.
a If the required return is percent, what is the value of the investment?
Note: Do not round intermediate calculations and round your answer to decimal places, eg
b What would the value be if the payments occurred for years?
Note: Do not round intermediate calculations and round your answer to decimal places, eg
c What would the value be if the payments occurred for years?
Note: Do not round intermediate calculations and round your answer to decimal places, eg
d What would the value be if the payments occurred forever?
Note: Do not round intermediate calculations and round your answer to decimal places, eg
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