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An investment that earns 2000$ per year from year 1 to year 5, 3000$ per year from the year 6 to year 8 and 4000$
An investment that earns 2000$ per year from year 1 to year 5, 3000$ per year from the year 6 to year 8 and 4000$ per year in year 9. Profits are realized at the end of the years. If the required return is 14%, what is the present value of the investment?
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