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An investment offers $8.600 per year for 17 years, with the first payment occurring one year from now. Assume the required return is 9 petcent.

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An investment offers $8.600 per year for 17 years, with the first payment occurring one year from now. Assume the required return is 9 petcent. a. What is the value of the investment today? Note; Do not round intermediate colculations and round your onswer to 2 decimal ploces, e.9., 32.16. b. What would the value be if the payments occurted for 42 years? Note: Do not round intermediate coleulotions and round your answer to 2 decimol ploces, e.9., 32.16 . c. What would the value be if the payments occurred for 77 years? Note: Do not round intermediate colculotions and round your answer to 2 decimal places, e.9., 32.16. d. What would the value be if the payments occurred fotever? Note: Do not round intermediote colculotions and round your onswer to 2 decimal places, e.9., 32.16

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