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An investment pays 2 500 per year for the first 6 years 3 000 per year for the next 8 years and 5 000 per
An investment pays 2 500 per year for the first 6 years 3 000 per year for the next 8 years and 5 000 per year the following 10 years all payments are at the end of each year If the discount rate is 7 compounding quarterly. what is the fair price of this investment?
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Fundamentals of Financial Management
Authors: Eugene F. Brigham, Joel F. Houston
10th edition
978-1337902571, 1337902578, 978-1337911054, 1337911054, 978-0324272055
