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Question Three: You are offered an investment today by your broker. This investment offers the following stream of cash flows: (2 marks) Year 1 =

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Question Three: You are offered an investment today by your broker. This investment offers the following stream of cash flows: (2 marks) Year 1 = $12,000.00 Year 2 - $20,000.00 Year 3- $10,000.00 Year 4 = $16,000.00 Ifyou require a return of 10% for investments of this type of risk, how much should you pay for the investment today? Required

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