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you are in negotiations to make a 10 year loan of $50,000 to greenwise corporation. to repay you, greenwise will pay $5,000 at the end
you are in negotiations to make a 10 year loan of $50,000 to greenwise corporation. to repay you, greenwise will pay $5,000 at the end of year 1, $10,000 at the end of year 2, and $15,000 at the end lf year 3, plus a fixed cash flow of $X at the end of each year from year 4 through year 10. if the appropriate rate of return is 10% what cash flow must the investment provide at the end of each of the years from 4 to 10 that is, what is $X?
a. $4,840.17
b. $5,951.51
c. $7,921.45
d. $6,442.26
e. $7,086.49
f. $5,324.18
g. $4,928.57
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