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Question 3 x Your answer is incorrect. Try again. An investment promises to pay you $130 per year starting immediately. The cash flow from the

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Question 3 x Your answer is incorrect. Try again. An investment promises to pay you $130 per year starting immediately. The cash flow from the investment is expected to increase by 2 percent per year forever. If alternative investments of similar risk earn a return of 10 percent per year. Determine the maximum you would be willing to pay for the investment. (Round answer to 2 decimal places, e.g. 125.12. Do not round your intermediate calculations.) Maximum amount you would be willing to pay

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