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An investment opportunity will pay you $2000 at the end of the year one and $x at the end of year two. If your required
An investment opportunity will pay you $2000 at the end of the year one and $x at the end of year two. If your required rate of return is 7% p.a, and the maximum price you are willing to pay for this investment opportunity today is $3500. How much do you expect to receive at the end of year two?
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