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How to do this Calculating Annuity Present Value [LO1] An investment offers $6,100 per year for 15 years, with the first payment occurring one year

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Calculating Annuity Present Value [LO1] An investment offers $6,100 per year for 15 years, with the first payment occurring one year from now. If the required return is 6 percent, what is the value of the investment? What would the value be if the payments occurred for 40 years? For 75 years? Forever? 4

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