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pandra is considering purchasing a financial asset that will pay $ 3 0 0 0 per year for 8 years, with the first payment 1

pandra is considering purchasing a financial asset that will pay $3000 per year for 8 years, with the first payment 1 year from now. The required rate of return is 12% per year. How much should she pay for this asset?
[Hint: you are finding the PV for an ordinary annuity]
[4]
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