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An investment pays you a cash flow of $1 million at the end of the first year (t=1). The cash flow grows for 5% per

An investment pays you a cash flow of $1 million at the end of the first year (t=1). The cash flow grows for 5% per year for the next 4 years. The final cash flow (generated by the investment) occurs at the end of the 5th year (t=5). What is the value of this investment, if your required rate of return is 15% per year?

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