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Assuming an annual effective discount rate of 5%, what is the net present value of a project that requires investment of 10,000 now and returns
Assuming an annual effective discount rate of 5%, what is the net present value of a project that requires investment of 10,000 now and returns a perpetuity of 100t at times t=2, 4, 6, 8, ... (i.e. a perpetuity with payments of 200 at time 2, 400 at time 4, 600 at time 6 etc... continuing forever)? Show work please
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