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An investment offers $ 7 , 7 0 0 per year for 1 4 years, with the first payment occurring one year from now. Assume
An investment offers $ per year for years, with the first payment occurring one year from now. Assume the required return is percent.
What is the value of the investment today?
What would the value be if the payments occurred for years?
What would the value be if the payments occurred for years?
What would the value be if the payments occurred forever?
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