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You are evaluating an investment that will provide the following cash flows from operation at the end of the following years: Year 1, $75,000; Year

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You are evaluating an investment that will provide the following cash flows from operation at the end of the following years: Year 1, $75,000; Year 2, $121,000; Year 3, $176,000; Year 4, $265,000; and Year 5, $400,000. You also believe that you will be able to sell the investment at the end of Year 5 for $5,000,000. You require a 12.0% return compounded annually for all investments. How much would you be willing to pay for this investment? O $3,501,915 $3,521,215 $2,991,231 O $3,010,531

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