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Ralf Wilson wants to receive $35,000 each year forever. He will invest his money and can earn a return of 7.7 percent annually. What is
Ralf Wilson wants to receive $35,000 each year forever. He will invest his money and can earn a return of 7.7 percent annually. What is the value of the investment that he needs to make today to receive this cash flow stream? (Round to the nearest dollar.)
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International Finance
Authors: Keith Pilbeam
5th Edition
1350347094, 978-1350347090
