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please i need the anawe in less than 10 mins i have an exam Gentek Inc. wants to have a fund after seven years to

please i need the anawe in less than 10 mins i have an exam image text in transcribed
Gentek Inc. wants to have a fund after seven years to be able to give cash awards to its employees of $15.000 every year. How much should be invested now, if the required retum for the initial seven years would be 12 percent and thereafter the required return would be 6 percent 1 A B I E % S3

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