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An investment promises the cash flow stream provided below. If you reqire an 8 percent return on the investment, how much would you be willing

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An investment promises the cash flow stream provided below. If you reqire an 8 percent return on the investment, how much would you be willing to pay for the investment today? Period 1 Cash Flow $700 $1,400 $2,800 2 3 4 $2.800

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