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Posted on Sep 08, 2024

An investment will generate cash flows back to you of $ 2 0 0 0 at the end of each of the next three years.

An investment will generate cash flows back to you of $

2000

at the end of each of the next three years. If the appropriate rate of return for this type of investment is

6 %,

how much would you pay for this investment today?

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