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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 $4,270 per year for 15 years, with the first payment occurring one year from now.
a. If the required return is 6 percent, what is the value of the investment?
Note: Do not round intermediate calculations and round your answer to 2 decimal places, e.g.,32.16.
b. What would the value be if the payments occurred for 40 years?
Note: Do not round intermediate calculations and round your answer to 2 decimal places, e.g.,32.16.
c. What would the value be if the payments occurred for 75 years?
Note: Do not round intermediate calculations and round your answer to 2 decimal places, e.g.,32.16.
d. What would the value be if the payments occurred forever?
Note: Do not round intermediate calculations and round your answer to 2 decimal places, e.g.,32.16.
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