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ROUND ANSWER TO 2 DECIMALS An investor is considering the following opportunity: He will put capital into a start-up company today. He will not receive

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ROUND ANSWER TO 2 DECIMALS

An investor is considering the following opportunity: He will put capital into a start-up company today. He will not receive any cash flows from the investment until end of the 5 th year. At that point, he will receive 10.00 years of $16,900.00 per year. If his discount rate on this investment is 16.00%, what is the value of this opportunity today

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