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An investment pays no income now. However, it is expected to have a cash inflow of RM 500,000 at Year 3. This income will only

An investment pays no income now. However, it is expected to have a cash inflow of RM 500,000 at Year 3. This income will only last for two years. Thereafter, it is expected to generate RM 750,000 perpetually. How much would you be willing to pay to invest today at a required return of 12.5 percent?)

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