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You are offered an investment which pays $8,500 in 7 years. You require a return of 11% on investments of similar risk. What is

You are offered an investment which pays $8,500 in 7 years. You require a return of 11% on investments of similar risk. What is the most you should be willing to pay for this investment today? O $1214.29 $4094.10 $17,647.36 $935.00 none of the other answers are correct

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