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What is the most an investor would be willing to spend for the following cash flows given a required return of 16%? Year Expected Cash
What is the most an investor would be willing to spend for the following cash flows given a required return of 16%?
Year | Expected Cash Inflow |
1 | $20,000 |
2 | 10,000 |
3 | 15,000 |
4 | 7,500 |
5 | 8,000 |
6 | 25,000 |
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