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You are considering an investment that will pay $3,000 a year for 6 years, starting one year from today. Your required rate of return is

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You are considering an investment that will pay $3,000 a year for 6 years, starting one year from today. Your required rate of return is 8.5 percent. What is the maximum amount you should pay for this investment? $15,060.55 $15,355.54 $13,660.76 $14,223.23 $17,450.20

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