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At lunch your insurance agent, Hank, tells you about a great business investment. You can buy an investment that will pay you an annual dividend

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At lunch your insurance agent, Hank, tells you about a great business investment. You can buy an investment that will pay you an annual dividend forever of $5.50. If you desire a 5% return on all your investments how much would you be willing to pay for Hank's investment idea? Multiple Choice $110 $50 Nothing, you'd rather spend $5.50 on a cup of coffee $11

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