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Question 2 You have been offered an investment that will pay $ 1 , 0 0 0 at the end of the first year, $
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You have been offered an investment that will pay $ at the end of the first year, $ at the end of the second year and $ at the end of the third year. Investments of similar risk provide a return of per year. How much are you willing to pay for the investment? If the investment is priced at $ do you invest? What if it is priced at $
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