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Posted on Jul 30, 2024

What is the most that you would pay for an investment that promises to pay $ 2 4 , 1 4 1 . 0 0

What is the most that you would pay for an investment that promises to pay $

24, 141.00

a year forever with the first payment starting one year from now? Assume that your required rate of return for this investment is

18.76 % .

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