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An investment promises the following cash flow stream: Year 0 Year 1 Year 2 Year 3 Year 4 Cashflow 1,000 1.200 3.000 4.800 The discount

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An investment promises the following cash flow stream: Year 0 Year 1 Year 2 Year 3 Year 4 Cashflow 1,000 1.200 3.000 4.800 The discount rate is 7%. What is the maximum price that you are willing to pay for this investment now? Select one: O a. $8,332 O b. $9,012 O c. $8,093 d. $9,752 e. $9,854

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