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An investment offers $9,200 per year for 17 years, with the first payment occurring one year from now. Assume the required return is 12 percent.
An investment offers $9,200 per year for 17 years, with the first payment occurring one year from now. Assume the required return is 12 percent. Note: Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16. (for all)
What is the value of the investment today?
What would the value be if the payments occurred for 42 years?
What would the value be if the payments occurred for 77 years?
What would the value be if the payments occurred forever?
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