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You are guaranteed annual payments. The first one is $ 1 , 0 0 0 at the end of the first year. Afterwards, the payment
You are guaranteed annual payments. The first one is $ at the end of the first year. Afterwards, the payment will grow by percent per year. The opportunity ends after years. Your required return on this investment is percent. What is the most you would be willing to pay for the opportunity? Group of answer choices $ $ $ $ $
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