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You are found in as ad ALZAAWO ace Principles Question 12 Honowered Maret of 100 Passion Salvatore has the opportunity to invest in a scheme

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You are found in as ad ALZAAWO ace Principles Question 12 Honowered Maret of 100 Passion Salvatore has the opportunity to invest in a scheme which will pay 55 000 at the end of each of the next 5 years. He must invest $10 000 at the start of the first year and an additional $10000 at the end of the first year. What is the present value of this investment if the Interest rate is 450 Select 2-51 410,67 6.51 248.56 C $112.23 d. $264373 Next page

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