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QUESTION 18 An investment offers $5,100 per year for 10 years, with the first payment occurring one year from now. If the required return is

QUESTION 18 An investment offers $5,100 per year for 10 years, with the first payment occurring one year from now. If the required return is 5 percent, what is the value of the investment today?

A. 39,388.85

B. 39,380.85

C. 39,385.85

D. 39,387.85

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