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An investor is evaluating an investment that pays $50,000 for 3 consecutive years and then $25,000 in year 4. The first $50,000 payment comes one
An investor is evaluating an investment that pays $50,000 for 3 consecutive years and then $25,000 in year 4. The first $50,000 payment comes one year from today. What is the present value of the investments cash flows at an interest rate of 10%?
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