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. Chase Investments has offered you the following investment opportunity: $8,500 at the end of each year for the first 5 years. $15,000 at the

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. Chase Investments has offered you the following investment opportunity: $8,500 at the end of each year for the first 5 years. $15,000 at the end of each year from year 6 through 11. How much would you be willing to pay for this investment if you require a 16% rate of return? $54,146.76 $51,215.50 $83, 102.53 $55,271.04 Question 19 (4 points) Continued from the question above, if the payments were received at the beginning of each year, what would you be willing to pay for this investment? $96,398.94 $62,810.24 $64,114.40 $59,409.98

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