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ROUND ANSWER TO TWO DECIMAL PLACES 19. Your company is considering an investment that will have the following year-end cash flows: year 1. $25,000; year

ROUND ANSWER TO TWO DECIMAL PLACES image text in transcribed
19. Your company is considering an investment that will have the following year-end cash flows: year 1. $25,000; year 2. $30,000: year 3, $5,000: year 4, $160,000. The company wants to earn an 11% annual return on its investment. How much should it pay for the investment, assuming monthly compounding

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