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An investor expects to receive the following monthly payments from an Investment: Month Payment $5,000 $0 2 3 4 $10,000 $0 5 $5,000 The
An investor expects to receive the following monthly payments from an Investment: Month Payment $5,000 $0 2 3 4 $10,000 $0 5 $5,000 The first payment will be received one month from today If the investment's required return is 8% with monthly Companding, what is the value of the investment as of of today?
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