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You are evaluating an investment that will pay you $12,000 six years from today, $12,000 seven years from today, and $12,000 in eight years. You
You are evaluating an investment that will pay you $12,000 six years from today, $12,000 seven years from today, and $12,000 in eight years. You are comparing this investment to an investment of similar risk which has an interest rate of 9% compounded continuously. What is the most you should pay today for this investment? (SHOW YOUR WORK)
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