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Q16) What is the most that you would pay for an investment that promises to pay $23,135.00 a year forever with the first payment starting

Q16) What is the most that you would pay for an investment that promises to pay $23,135.00 a year forever with the first payment starting one year from now? Assume that your required rate of return for this investment is 15.86% . (1.5 points)

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