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How much are you willing to pay today for an investment that promises payments of $2000 at the end of each six months for two
How much are you willing to pay today for an investment that promises payments of $2000 at the end of each six months for two years, $1000 at the end of each months for the next four years after that, and $6000 at the end of each year for the next six years after that? Suppose your opportunity cost of capital is 6% compounded annually.
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