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Lindsay has an investment that pays her $75,000 every year for the next 8 years. However, she would like to sell her investment today to
Lindsay has an investment that pays her $75,000 every year for the next 8 years. However, she would like to sell her investment today to purchase a house. Assume the going market interest rate is 10%, how much would a wise investor be willing to pay for this investment
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Financial Accounting For MBAs
Authors: Peter D. Easton, John J. Wild, Robert F. Halsey, Mary Lea McAnally
4th Edition
9781934319345
