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help please An investment of $50,000 to be made on 31 December 20X8 will produce an annual return of f7,000 in perpetuity, with the first

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An investment of $50,000 to be made on 31 December 20X8 will produce an annual return of f7,000 in perpetuity, with the first income occurring on 1 January 20X9. What (to the nearest f10) is the net present value of this investment on 31 December 20X7 discounted at 12%? E2090 E8330 O E13690 O E7440

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