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An investment offers $6,100 per year for 15 years, with the first payment occurring one year from now. (Do not round intermediate calculations. Round the
An investment offers $6,100 per year for 15 years, with the first payment occurring one year from now. (Do not round intermediate calculations. Round the final answers to 2 decimal places. Omit $ sign in your response.) If the required return is 6%, what is the value of the investment? Present value What would the value be if the payments occurred for 40 years? Present value $ What would the value be if the payments occurred for 75 years? Present value $ What would the value be if the payments occurred forever? Present value TA
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