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Question 14 5 pts PV of Single Amount: Crystal wishes to buy a Worhal Triplin painting. She expects to sell it to her friend, Ricardo,
Question 14 5 pts PV of Single Amount: Crystal wishes to buy a Worhal "Triplin" painting. She expects to sell it to her friend, Ricardo, 4 years from now for $5,000 Warhol art values are highly volitile and thus risky. Crystal has a required rate of return of 10% What is the most she should bid for the painting at todays auction? Next
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