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2. Mrs. Brown is interested in investing in gold coins. A dealer advises her that he has a collection of coins that will be worth

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2. Mrs. Brown is interested in investing in gold coins. A dealer advises her that he has a collection of coins that will be worth $1.2 million in 7 years based on market apprecialion of 9% annually. Assuming 9% is an adequate return for Brown, how much should she pay for the collection? Which TVM adjustment does this analysis represent

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