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Suppose you had a chance to make an investment in a real estate trust that expects to payinvestors $ 9 9 9 at the end

Suppose you had a chance to make an investment in a real estate trust that expects to payinvestors $

999

at the end of each month for the next ten years. You believe that a reasonable rate of return on your investment should be

5 %,

compounded monthly.a

.

How much would you pay for the investment?b

.

What will be the total sum of cash that you will receive over the trusts lifetime?

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