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Question Three: You are offered an investment today by your broker. This investment offers the following stream of cash flows: (KN1:3.5 marks) Year 2 3
Question Three: You are offered an investment today by your broker. This investment offers the following stream of cash flows: (KN1:3.5 marks) Year 2 3 4 Cash Flows 20,000 30,000 5,000 30,000 35,000 Required: If you require a return of 10% for investments of this type of risk, how much should you pay for the investment today
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