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An investment offers $8,933 per year for 11 years, with the first payment occurring one year from now. If the required return is 11%

An investment offers $8,933 per year for 11 years, with the first payment occurring one year from now. If the required return is 11% percent, what is the value of the investment? Select one: a.$46,649.16 b.$55,442.80 c.$48,120.07 d.$52,115.50

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