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What would you pay for an investment that provided income stream listed below and could be sold for $1,500,000 at the end of year 4?
- What would you pay for an investment that provided income stream listed below and could be sold for $1,500,000 at the end of year 4? Assume your required rate of return is 12%
CF |
|
1 | $120,000 |
2 | $150,000 |
3 | $165,000 |
4 | $185,000 |
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