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Q15: Suppose you are approached with an offer to purchase an investment that will provide cash flows of $1,600 per year for 10 years. The
Q15: Suppose you are approached with an offer to purchase an investment that will provide cash flows of $1,600 per year for 10 years. The cost of purchasing this investment is $10,500. If you have an alternative investment opportunity of equal risk that will yield 8% per year, which one should you accept
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