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An investment, which is worth $ 6 1 , 0 0 0 . 0 0 and has an expected return of 1 4 . 0
An investment, which is worth $ and has an expected return of percent, is expected to pay fixed annual cash flows for a given amount of time. The first annual cash flow is expected later today and the last annual cash flow is expected in years from today. What is the present value of the annual cash flow that is expected in years from today?
$plus or minus dollars
$plus or minus dollars
$plus or minus dollars
$plus or minus dollars
none of the answers are within dollars of the correct answer
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