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Q.15 An investment offers $6000 per year for 10 years, with the first payment occurring one year from now. If the required return is 7%,
Q.15 An investment offers $6000 per year for 10 years, with the first payment occurring one year from now. If the required return is 7%, what is the value of the investment? What would the value be if the payments occurred for 20 years? And forever
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