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Please explain by financial calculator values. 28. You are considering an investment that promises to make 10 payments of $5,000. The payments will be made

image text in transcribedPlease explain by financial calculator values.

28. You are considering an investment that promises to make 10 payments of $5,000. The payments will be made every two years. The only twist is that the first payment will be received in one year. If you required a return of 10% per year compounded semi-annually, how much would you be willing to pay for this investment? A) $18,054.93 B) $23,046.22 C) $21,945.87 D) $16,445.31 E $19,905.56

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