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An investment will offer $658 per year forever, starting 4 years from today. If the relevant interest rate is 11% per year (as an EAR),
An investment will offer $658 per year forever, starting 4 years from today. If the relevant interest rate is 11% per year (as an EAR), what is the value of the investment today?
***The correct answer given is 4373.85, I would like to know how please
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